# NFC starts producing rice to stabilise prices

> 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.

- Date: 2017-04-01 · published 2017-04-01T12:00:00.000Z
- Category: policy · region Nepal · magnitude low
- Page: https://feedsoft.ai/events/72063-nfc-starts-producing-rice-to-stabilise-prices
- Commodities: [Rough Rice](https://feedsoft.ai/c/RICE.md)

## Why it matters

State intervention in Nepal's domestic rice market is a local policy effect with negligible influence on global rice prices.

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| RICE | 2018-09-10 | [Rice prices to stabilize in November: Piñol \| ABS-CBN](https://feedsoft.ai/events/63117-rice-prices-to-stabilize-in-november-pinol-abs-cbn.md) | -1.7% | -0.2% |
| RICE | 2017-10-01 | [Four steps to stabilize the price of pulses](https://feedsoft.ai/events/68436-four-steps-to-stabilize-the-price-of-pulses.md) | -0.9% | -3.7% |
| RICE | 2026-01-06 | [Thai rice prices soar nationwide](https://feedsoft.ai/events/9172-thai-rice-prices-soar-nationwide.md) | +0.7% | +11.8% |
| RICE | 2023-07-20 | [India bans rice shipments to curb price rises - BBC News](https://feedsoft.ai/events/35007-india-bans-rice-shipments-to-curb-price-rises-bbc-news.md) | +1.3% | -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% |

## Sources

- kathmandupost.com: https://kathmandupost.com/money/2017/03/24/nfc-starts-producing-rice-to-stabilise-prices

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