# No, this photo does not show there is 'lots' of cheap rice in the Philippines | Fact Check

> An AFP fact check finds a viral Facebook photo claiming cheap rice in the Philippines is doctored and reused from a 2008 image. Official figures put average February 2019 retail rice at 45 pesos per kilo.

- Date: 2019-02-26 · published 2019-02-26T12:00:00.000Z
- Category: market · region Philippines · magnitude low
- Page: https://feedsoft.ai/events/11847-no-this-photo-does-not-show-there-is-lots-of-cheap-rice-in-the-philippines-fact
- Commodities: [Rough Rice](https://feedsoft.ai/c/RICE.md)

## Why it matters

The fact check confirms that Philippine retail rice prices remain elevated, supporting import demand for rough rice and a firm local price floor.

## Read by commodity

- RICE: bullish ▲

## Sources

- factcheck.afp.com: https://factcheck.afp.com/no-photo-does-not-show-there-lots-cheap-rice-philippines

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