# Vientiane Authorities Set Prices Of Rice To Protect Consumers

> Vientiane authorities set maximum rice prices, capping paddy sticky rice at 3,600 kip/kg for farmers and grade B polished wholesale at 6,800 kip/kg with retail capped at 7,400 kip/kg. The move follows crop losses from natural disasters and the Covid-19 economic crisis, with wet-season planting underway.

- Date: 2020-07-13 · published 2020-07-13T12:00:00.000Z
- Category: policy · region Laos · magnitude low
- Page: https://feedsoft.ai/events/5292-vientiane-authorities-set-prices-of-rice-to-protect-consumers
- Commodities: [Rough Rice](https://feedsoft.ai/c/RICE.md)

## Why it matters

Price caps are a local consumer-protection measure and have limited effect on global rice benchmarks, though they signal tight domestic supply in Laos.

## Read by commodity

- RICE: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| RICE | 2018-03-08 | [In lieu of NFA rice, it’s “sorter rice” that poor consumers prefer to buy , Punto! Central Luzon](https://feedsoft.ai/events/66075-in-lieu-of-nfa-rice-it-s-sorter-rice-that-poor-consumers-prefer-to-buy-punto.md) | -1.7% | +0.6% |
| RICE | 2018-07-11 | [Centre raises buying price, rice exports set to fall from October](https://feedsoft.ai/events/63990-centre-raises-buying-price-rice-exports-set-to-fall-from-october.md) | +1.7% | -7.6% |
| RICE | 2021-10-20 | [Rice Prices Set to Rise as Fertilizer Rally Drives Up Farm Costs - Caixin Global](https://feedsoft.ai/events/44642-rice-prices-set-to-rise-as-fertilizer-rally-drives-up-farm-costs-caixin-global.md) | -3.2% | +3.4% |
| RICE | 2024-07-29 | [After a year, India’s rice export restrictions continue to fuel high prices \| IFPRI](https://feedsoft.ai/events/29222-after-a-year-india-s-rice-export-restrictions-continue-to-fuel-high-prices-ifpri.md) | -1.9% | -1.5% |
| RICE | 2021-10-07 | [Contact Us – Inside INdiana Business - India's rice export ban: The Asian countries set to be hit hard — and those that’ll profit](https://feedsoft.ai/events/44508-contact-us-inside-indiana-business-india-s-rice-export-ban-the-asian-countries.md) | +1.4% | -4.4% |

## Sources

- jclao.com: https://jclao.com/vientiane-authorities-set-prices-of-rice-to-protect-consumers/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.