# [ANALYSIS] Price of rice in the world market? No such thing

> An analysis disputes Philippine Speaker Romualdez's claim that a price ceiling caused a 21-22% fall in world rice prices. The writer argues the cited data used futures for US rough rice, a small part of trade, rather than current export prices.

- Date: 2023-09-12 · published 2023-09-12T12:00:00.000Z
- Category: market · region Philippines · magnitude low
- Page: https://feedsoft.ai/events/34187-analysis-price-of-rice-in-the-world-market-no-such-thing
- Commodities: [Rough Rice](https://feedsoft.ai/c/RICE.md)

## Why it matters

The piece clarifies that the reported world rice price drop is not a reliable signal of export market direction. Buyers should rely on physical export quotes rather than futures-based headlines.

## Read by commodity

- RICE: neutral

## Sources

- rappler.com: https://www.rappler.com/voices/analysis-rice-price-world-market-no-such-thing/

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