# DA Bulletin No. 1 on Rice: Understanding the Rice Tariffication Law (RTL) or RA 11203 |
    Official Portal of the Department of Agriculture

> The Philippine Department of Agriculture's bulletin explains that rice tariffication has been proposed since 1986 and replaces import quotas with tariffs, which it says are more transparent. It argues the policy was delayed earlier because of fears it would depress palay prices.

- Date: 2019-09-10 · published 2019-09-10T12:00:00.000Z
- Category: policy · region Philippines · magnitude low
- Page: https://feedsoft.ai/events/57148-da-bulletin-no-1-on-rice-understanding-the-rice-tariffication-law-rtl-or-ra
- Commodities: [Rough Rice](https://feedsoft.ai/c/RICE.md)

## Why it matters

The explainer confirms the policy framework that is driving cheap imports and lower domestic paddy prices. It is background rather than a new market shift.

## Read by commodity

- RICE: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| RICE | 2024-07-17 | [Non-basmati rice bore the brunt of export restrictions imposed in 2023 \| Agriculture - Business Standard](https://feedsoft.ai/events/29328-non-basmati-rice-bore-the-brunt-of-export-restrictions-imposed-in-2023.md) | +2.3% | +2.7% |
| RICE | 2019-08-29 | [Volatile palay price blamed on Rice Tariffication Law , Punto! Central Luzon](https://feedsoft.ai/events/57675-volatile-palay-price-blamed-on-rice-tariffication-law-punto-central-luzon.md) | +3.1% | +6.6% |
| RICE | 2019-02-12 | [Butterfly effect: How rice tariffication bill affects everyone - National Trade Union Center of the Philippines](https://feedsoft.ai/events/60679-butterfly-effect-how-rice-tariffication-bill-affects-everyone-national-trade.md) | -3.9% | +2.1% |
| RICE | 2024-10-23 | [Amendment in Export Policy of Non-Basmati Rice under HS code 1006 30 90](https://feedsoft.ai/events/27797-amendment-in-export-policy-of-non-basmati-rice-under-hs-code-1006-30-90.md) | -1.2% | -0.2% |
| RICE | 2022-08-30 | [Government has no plans as of now to curb rice exports: Official source](https://feedsoft.ai/events/39989-government-has-no-plans-as-of-now-to-curb-rice-exports-official-source.md) | -2.5% | +0.2% |

## Sources

- da.gov.ph: https://www.da.gov.ph/understanding-the-rice-tariffication-law-rtl-or-ra-11203-and-its-ramifications/

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