# DTI mulls setting SRP for imported rice | GMA News Online

> The Philippine Department of Trade and Industry is studying a suggested retail price for imported rice because retail prices have not fallen as expected. Well-milled rice was selling up to P45 per kilo, and the DA is reviewing traders suspected of manipulating the release of imported stocks. Palay farmgate prices have dropped to as low as P7 per kilo.

- Date: 2019-09-14 · published 2019-09-14T12:00:00.000Z
- Category: policy · region Philippines · magnitude medium
- Page: https://feedsoft.ai/events/57145-dti-mulls-setting-srp-for-imported-rice-gma-news-online
- Commodities: [Rough Rice](https://feedsoft.ai/c/RICE.md)

## Why it matters

A government price cap or intervention could alter import flows and retail margins for rice and rice bran. Importers holding back stock suggest supply to the market may tighten or be released abruptly.

## Read by commodity

- RICE: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| RICE | 2018-10-10 | [NFA sets just 4 labels for rice \| GMA News Online](https://feedsoft.ai/events/62619-nfa-sets-just-4-labels-for-rice-gma-news-online.md) | -0.6% | -2.7% |
| 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 | 2017-04-05 | [Papua New Guinea paying more for rice than we should — EMTV ONLINE](https://feedsoft.ai/events/71585-papua-new-guinea-paying-more-for-rice-than-we-should-emtv-online.md) | +1.9% | -4.3% |
| RICE | 2024-12-17 | [Only 80,000 sacks of aging rice stocked in NFA warehouse, says exec \| GMA News Online](https://feedsoft.ai/events/11561-only-80-000-sacks-of-aging-rice-stocked-in-nfa-warehouse-says-exec-gma-news.md) | -6.3% | -0.8% |
| RICE | 2020-10-22 | [Inspect rice imports for misdeclared quality, not just volume, Senate urges Customs – BusinessWorld Online](https://feedsoft.ai/events/50694-inspect-rice-imports-for-misdeclared-quality-not-just-volume-senate-urges.md) | +2.3% | +2.1% |

## Sources

- gmanetwork.com: https://www.gmanetwork.com/news/money/economy/708074/dti-mulls-setting-srp-for-imported-rice/story/

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