# The rice cartel

> A Philstar opinion column argues that Agriculture Secretary William Dar's call to raise tariffs on imported rice is protectionist and as harmful as the NFA import monopoly. The piece treats the tariff proposal as a policy debate rather than an enacted change.

- Date: 2019-11-05 · published 2019-11-05T12:00:00.000Z
- Category: policy · region Philippines · magnitude low
- Page: https://feedsoft.ai/events/56136-the-rice-cartel
- Commodities: [Rough Rice](https://feedsoft.ai/c/RICE.md)

## Why it matters

A possible Philippine tariff increase would cut import demand from a major buyer, but the proposal is not yet policy and its price effect is uncertain.

## Read by commodity

- RICE: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| RICE | 2020-07-22 | [Vietnam vows to raise rice value](https://feedsoft.ai/events/52177-vietnam-vows-to-raise-rice-value.md) | -3.2% | +1.0% |
| RICE | 2019-07-17 | [Government to set SRPs for imported, local rice](https://feedsoft.ai/events/58171-government-to-set-srps-for-imported-local-rice.md) | +1.6% | -2.8% |
| RICE | 2023-05-26 | [Rice millers urge Centre to accept parboiled rice in Rabi in ryots’ interest - The Hindu](https://feedsoft.ai/events/36009-rice-millers-urge-centre-to-accept-parboiled-rice-in-rabi-in-ryots-interest-the.md) | +6.6% | +8.1% |
| RICE | 2019-10-25 | [The economics of the rice conversation: Between a rock and a hard place – Businessday NG](https://feedsoft.ai/events/56654-the-economics-of-the-rice-conversation-between-a-rock-and-a-hard-place.md) | +0.0% | +4.4% |
| RICE | 2018-09-10 | [Rice prices to stabilize in November: Piñol \| ABS-CBN](https://feedsoft.ai/events/63117-rice-prices-to-stabilize-in-november-pinol-abs-cbn.md) | -1.7% | -0.2% |

## Sources

- philstar.com: https://www.philstar.com/business/2019/11/06/1966263/rice-cartel

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