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Philippine farm-gate rice prices have been falling amid the rice tariffication law, which allows freer imports. Commentary questions whether import liberalization is driving the slump.
Cheaper imports under tariffication pressure Philippine rice prices, supporting weak Asian rice import pricing.
abs-cbn.comABS-CBN NewsApr 9, 2019After 100 past bearish policy events, RICE moved a median -0.1% over 5 sessions (49% higher; middle half -1.7% to +1.6%), and +0.1% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
