# Government to set SRPs for imported, local rice

> The Philippine Department of Agriculture plans moving suggested retail prices for imported and local rice, adjusted biweekly based on landing costs and farmgate palay prices. The move follows suspicions that traders are undervaluing imported rice shipments to maximize profits.

- Date: 2019-07-17 · published 2019-07-17T12:00:00.000Z
- Category: policy · region Philippines · magnitude low
- Page: https://feedsoft.ai/events/58171-government-to-set-srps-for-imported-local-rice
- Commodities: [Rough Rice](https://feedsoft.ai/c/RICE.md)

## Why it matters

Administered retail price controls could dampen Philippine rice import demand and domestic prices, with limited effect on world markets.

## Read by commodity

- RICE: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| RICE | 2019-09-14 | [DTI mulls setting SRP for imported rice \| GMA News Online](https://feedsoft.ai/events/57145-dti-mulls-setting-srp-for-imported-rice-gma-news-online.md) | +2.9% | +0.8% |
| RICE | 2022-01-15 | [Rice Exporters eligible for Export Incentives, to receive RoDTEP Licences – Import Export Licence](https://feedsoft.ai/events/43114-rice-exporters-eligible-for-export-incentives-to-receive-rodtep-licences-import.md) | +5.6% | +6.1% |
| RICE | 2025-04-04 | [India to implement new tariff line for rice exports from May 1 - The HinduBusinessLine](https://feedsoft.ai/events/25062-india-to-implement-new-tariff-line-for-rice-exports-from-may-1-the.md) | +1.3% | -3.5% |
| RICE | 2019-07-11 | [Government lowers export duties on products from regional economies](https://feedsoft.ai/events/57928-government-lowers-export-duties-on-products-from-regional-economies.md) | +1.4% | -2.4% |
| RICE | 2019-10-17 | [Government Appoint Counsellors in 10 Countries to aid Agriculture Export](https://feedsoft.ai/events/56515-government-appoint-counsellors-in-10-countries-to-aid-agriculture-export.md) | -2.6% | -2.4% |

## Sources

- rappler.com: https://www.rappler.com/business/235637-government-to-set-suggested-retail-price-imported-local-rice/

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