MEF approved reference prices for the import of corn, sugar, rice and milk in Peru

Published 2024년 7월 30일

Tridge summary

The Ministry of Economy and Finance (MEF) has established new reference prices and additional variable duties for the import of key commodities including corn, sugar, rice, and whole milk powder. As per Vice-Ministerial Resolution No. 014-2024-EF/15.01, published on July 27 in El Peruano, the reference prices are set at $196 per metric ton (MT) for corn, $560 per MT for sugar, $800 per MT for rice, and $3,495 per MT for whole milk powder. The additional variable duties are $0 per MT for corn and sugar, -$83 for paddy rice, -$118 for milled rice, and $147 for whole milk powder.

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Original content

The Ministry of Economy and Finance (MEF) approved the reference prices and additional variable duties for imports of corn, sugar, rice and whole milk powder. Through Vice-Ministerial Resolution No. 014-2024-EF/15.01, published on July 27, in the Legal Standards bulletin of the official newspaper El Peruano, it was determined that for corn the reference price will be 196 dollars per metric ton (MT), while the additional variable duty will be $0 per MT. Likewise, for the import of sugar the reference price will be 560 dollars per MT and the additional variable duty is 0 dollars per MT. In the case of rice, the reference price is 800 dollars per ...

Source: AgroPeru