Global Trade Alert
Global Trade Alert

India: Minimum support price increased for raw jute for the 2023-2024 season

Announcement

23 Mar 2023

India has increased the minimum support price for raw jute for the 2023-2024 season.

Source

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

0 in force

Implementation date

01 Jul 2023

Revocation date:

No revocation date

Price stabilisation

On 24 March 2023, the Indian Cabinet Committee on Economic Affairs approved a minimum support price of INR 5'050 (~USD 61.32) per quintal for raw jute (TDN3 equivalent to TD5 grade) for the 2023-2024 ...

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