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Global Trade Alert

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China: 2012 Minimum purchase price of wheat increases

Description

On the 28 October 2011, the Chinese government announced its minimum support price of wheat for the following year would increase by USD 26.18 (CNY 167) to USD 319.80 (CNY 2040) per tonne. The price d...

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Intervention Details

Intervention Type

Price stabilisation

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

01 Jan 2012

Revocation date

31 Dec 2012

Implementation level

National

Affected flow

Inward

Announced as temporary

Yes

Eligible firms

all

Affected Trading Partners

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Affected Sectors

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Affected Products

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