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Taiwan first rice trading center will become operational
Taipei, June 15 (CNA) The country's first rice trading center will become operational June 22 in southern Tainan city, a spokesman for the center said Thursday.

According to the spokesman, the southern rice trading center will be the first of its kind to open in Taiwan and will be responsible for rice trading in the Chiayi, Tainan, Kaohsiung, Pingtung and Penghu areas, where the first crop of the year has recently been harvested.

The trading center, run by the Agriculture and Food Agency under the Cabinet-level Council of Agriculture, will open its market every two weeks, with retail vendors and distributors required to buy no more than five metric tons of rice and 30 metric tons, respectively, in each deal, the spokesman said, noting that the center has 303 metric tons of new rice for auction.

The rice trading centers to be opened in northern, central, southern and eastern regions will provide farmers' associations and dealers across the country with additional channels of sales and new clients, he said.
MGR Archive 18.6.2006
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Region Type Price  
Russia Rapan $ 700
USA Jupiter Rice $630
USA Calrose #1 $830
USA Calrose #1 Paddy $480
EU Prices Baldo €660
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