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The Philippine Department of Agriculture secured commitments from millers and importers to buy palay at no less than P17 per kilo for wet and P21 for dry paddy. Stocks are described as tight ahead of the harvest, and import volumes for February are being fine-tuned to stabilize retail prices.
Firm local paddy prices and tight stocks support domestic rice prices until the main harvest arrives in March. Import decisions could still add supply and cap rice price gains.
da.gov.phDA Press OfficeJan 22, 2026After 168 past bullish policy events, Rough Rice moved a median +0.8% over 5 sessions (57% higher; middle half -1.7% to +2.1%), and -0.4% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
