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Global Trade Alert

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China: 2011 Minimum purchase price of wheat increases

Description

On October 11 2010, the Chinese government announced its minimum support price of wheat for the following year would increase by USD 19.91 (CNY 127) to USD 293.62 (CNY 1873) per tonne. The price denot...

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Intervention Details

Intervention Type

Price stabilisation

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

01 Jan 2011

Revocation date

31 Dec 2011

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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