# Rice Benchmark Hits 10-Year Low as Philippines Halts Imports - Bloomberg

> Bloomberg reports that a global rice benchmark has fallen to a 10-year low after the Philippines, a major importer, halted rice imports. The move reflects weak demand from the country's large buyer base and ample Asian supply.

- Date: 2025-10-09 · published 2025-10-09T12:00:00.000Z
- Category: trade · region Philippines · magnitude medium
- Page: https://feedsoft.ai/events/22482-rice-benchmark-hits-10-year-low-as-philippines-halts-imports-bloomberg
- Commodities: [Rough Rice](https://feedsoft.ai/c/RICE.md)

## Why it matters

With the Philippines absent from buying, export demand for Asian rice weakens and pressure on benchmark prices persists. Buyers can expect continued soft rice prices while import curbs remain in place.

## Read by commodity

- RICE: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| 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 | 2025-10-08 | [Rice prices hit six-year low as global glut prompts import curbs \| Cropli](https://feedsoft.ai/events/22484-rice-prices-hit-six-year-low-as-global-glut-prompts-import-curbs-cropli.md) | -1.5% | -6.3% |
| RICE | 2025-10-16 | [Vietnam fragrant rice prices hit 3-year low on low export demand, Philippines ban \| S&P Global](https://feedsoft.ai/events/22483-vietnam-fragrant-rice-prices-hit-3-year-low-on-low-export-demand-philippines.md) | -3.1% | -2.8% |
| RICE | 2025-08-17 | [Philippines suspends rice imports for 60 days, hitting Thai exporters \| The Star](https://feedsoft.ai/events/11821-philippines-suspends-rice-imports-for-60-days-hitting-thai-exporters-the-star.md) | -9.3% | -9.2% |
| RICE | 2020-02-07 | [India rice exports hit 8-year low as price rise dents demand \| Daily FT](https://feedsoft.ai/events/54542-india-rice-exports-hit-8-year-low-as-price-rise-dents-demand-daily-ft.md) | -1.6% | -4.8% |

## Sources

- bloomberg.com: https://www.bloomberg.com/news/articles/2025-10-09/rice-benchmark-hits-10-year-low-easing-pressure-on-food-prices

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