# Rice crisis over? Philippines looks at removal of suggested retail prices as market stabilises

> The Philippine Department of Trade and Industry is considering removing suggested retail prices for rice after the rice tariffication law was signed. Retail rice prices now hover between PHP34 and PHP39 per kilo, down from last year's shortage levels. The decision rests with the Department of Agriculture.

- Date: 2019-05-08 · published 2019-05-08T12:00:00.000Z
- Category: policy · region Philippines · magnitude low
- Page: https://feedsoft.ai/events/59173-rice-crisis-over-philippines-looks-at-removal-of-suggested-retail-prices-as
- Commodities: [Rough Rice](https://feedsoft.ai/c/RICE.md)

## Why it matters

Easing domestic rice prices reflect a more open import regime, which lowers regional rice price pressure. Direct effects on feed grain markets are small.

## Read by commodity

- RICE: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| RICE | 2018-11-01 | [Philippines fixes rice prices as inflation appears unstoppable](https://feedsoft.ai/events/62124-philippines-fixes-rice-prices-as-inflation-appears-unstoppable.md) | +1.1% | +3.2% |
| RICE | 2025-08-14 | [Philippines rice import suspension sparks shipping rush, price concerns \| S&P Global](https://feedsoft.ai/events/23400-philippines-rice-import-suspension-sparks-shipping-rush-price-concerns-s-and-p.md) | -5.7% | -11.0% |
| RICE | 2023-01-09 | [Govt mulls lifting rice export curbs as supply improves, prices stabilise \| Economy & Policy News - Business Standard](https://feedsoft.ai/events/37758-govt-mulls-lifting-rice-export-curbs-as-supply-improves-prices-stabilise.md) | +2.1% | +0.3% |
| RICE | 2019-12-02 | [Solutions chased as falling prices hit the Philippines - World - Chinadaily.com.cn](https://feedsoft.ai/events/55673-solutions-chased-as-falling-prices-hit-the-philippines-world-chinadaily-com-cn.md) | -1.4% | +3.8% |
| RICE | 2021-05-25 | [Opportunities for Vietnam to maintain stable rice export to Philippines - UkrAgroConsult](https://feedsoft.ai/events/47149-opportunities-for-vietnam-to-maintain-stable-rice-export-to-philippines.md) | +1.0% | +0.0% |

## Sources

- foodnavigator.com: https://www.foodnavigator.com/Article/2019/05/08/Rice-crisis-over-Philippines-looks-at-removal-of-suggested-retail-prices-as-market-stabilises/

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