# Farmers blame low palay prices on ‘unpredictable’ rice imports - BusinessWorld Online

> Philippine farmers' group FFF says farmgate palay prices have fallen to as low as P16 per kilogram as traders anticipate a flood of imports. Rice imports for the first eight months of the year fell 25% year on year to 1.66 million tonnes, and national inventories were down 16%.

- Date: 2020-09-14 · published 2020-09-14T12:00:00.000Z
- Category: trade · region Philippines · magnitude low
- Page: https://feedsoft.ai/events/51192-farmers-blame-low-palay-prices-on-unpredictable-rice-imports-businessworld
- Commodities: [Rough Rice](https://feedsoft.ai/c/RICE.md)

## Why it matters

Traders are discounting domestic palay in anticipation of future imports, which signals weak Philippine demand for milled rice in the near term. Import expectations weigh on Asian rice prices.

## Read by commodity

- RICE: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| RICE | 2024-05-28 | [Export rice prices from Vietnamese businesse hit world's lowest](https://feedsoft.ai/events/30331-export-rice-prices-from-vietnamese-businesse-hit-world-s-lowest.md) | -4.6% | +1.5% |
| 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% |
| RICE | 2018-06-15 | [Rice exports to decline by 10% on restrictions from importing countries \| Economy & Policy News - Business Standard](https://feedsoft.ai/events/64485-rice-exports-to-decline-by-10-on-restrictions-from-importing-countries-economy.md) | +3.2% | -4.0% |
| RICE | 2016-11-09 | [Farmers call on gov’t to solve palay price distortion \| Politiko South Luzon](https://feedsoft.ai/events/73925-farmers-call-on-gov-t-to-solve-palay-price-distortion-politiko-south-luzon.md) | +1.9% | +2.7% |
| 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% |

## Sources

- bworldonline.com: https://bworldonline.com/economy/2020/09/14/316696/farmers-blame-low-palay-prices-on-unpredictable-rice-imports/

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