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Nepal Food Corporation has begun milling rice from paddy it buys directly from farmers, selling it in remote mountain districts at Rs100-150 per quintal below market. The agency says its activity has stabilised local prices.
State intervention in Nepal's domestic rice market is a local policy effect with negligible influence on global rice prices.
kathmandupost.comBharat JargamagarApr 1, 2017After 468 past policy events, Rough Rice moved a median +0.3% over 5 sessions (53% higher; middle half -2.0% to +2.0%), and +0.1% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
