# Philippines suspends rice imports for 60 days, hitting Thai exporters | The Star

> Philippine President Marcos announced a 60-day suspension of regular and well-milled rice imports from September 1 to October 30, while basmati and specialty varieties are exempt. The move aims to support farmgate paddy prices, which had fallen to 8-10 pesos per kilogram. Thai exporters expect the suspension to hurt their shipments.

- Date: 2025-08-17 · published 2025-08-17T12:00:00.000Z
- Category: trade · region Philippines · magnitude high
- Page: https://feedsoft.ai/events/11821-philippines-suspends-rice-imports-for-60-days-hitting-thai-exporters-the-star
- Commodities: [Rough Rice](https://feedsoft.ai/c/RICE.md)

## Why it matters

The import halt removes a major buyer from global rice markets during the window, pressuring Thai and Vietnamese export prices while supporting Philippine farmgate values.

## Read by commodity

- RICE: bearish ▼

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| RICE | 2025-08-22 | 5 | -8.4% | -3.8 | The Philippines, a top rice importer, announced a 60-day import suspension from Sept 1, removing a key source of demand and pressuring export prices and sentiment. |
| RICE | 2025-08-19 | 1 | -3.6% | -3.5 | Marcos's announcement of a 60-day Philippine rice import suspension (Sept 1 to Oct 30) removes a major buyer of Asian rice, which is bearish for global rice sentiment and likely pressured futures. |
| RICE | 2025-08-20 | 1 | -3.6% | -3.1 | The Philippines' 60-day import suspension from Sept 1 removes a major buyer from the market, cutting import demand and pressuring Asian export prices and rough rice futures. |

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| RICE | 2021-06-07 | [Philippines says rice importers may shift to cheaper Indian grains](https://feedsoft.ai/events/46662-philippines-says-rice-importers-may-shift-to-cheaper-indian-grains.md) | -3.5% | -3.5% |
| RICE | 2025-10-05 | [Vietnam rice prices fall due to Philippines import ban \| Philstar.com](https://feedsoft.ai/events/22488-vietnam-rice-prices-fall-due-to-philippines-import-ban-philstar-com.md) | -3.9% | -7.6% |
| RICE | 2025-10-09 | [Rice Benchmark Hits 10-Year Low as Philippines Halts Imports - Bloomberg](https://feedsoft.ai/events/22482-rice-benchmark-hits-10-year-low-as-philippines-halts-imports-bloomberg.md) | -1.3% | -7.3% |
| RICE | 2025-08-16 | [Vietnam rice prices face steeper drop as Philippines halts imports - VnExpress International](https://feedsoft.ai/events/11819-vietnam-rice-prices-face-steeper-drop-as-philippines-halts-imports-vnexpress.md) | -9.3% | -9.2% |
| RICE | 2019-10-03 | [Asia rice-waning demand prompts Indian, Thai exporters to lower prices - The Business Times](https://feedsoft.ai/events/56650-asia-rice-waning-demand-prompts-indian-thai-exporters-to-lower-prices-the.md) | +2.5% | -0.1% |

## Sources

- thestar.com.my: https://www.thestar.com.my/aseanplus/aseanplus-news/2025/08/17/philippines-suspends-rice-imports-for-60-days-hitting-thai-exporters

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