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A Philippine House deputy majority leader called for creating a Rice Stock Exchange to improve transparency in rice trading under the Rice Tariffication Law. The proposal would be part of the Rice Industry Roadmap.
A proposed exchange is a structural market measure with no immediate effect on supply or prices.
philstar.comDelon PorcallaApr 20, 2019After 468 past policy events, Rough Rice moved a median +0.3% over 5 sessions (53% higher; middle half -2.0% to +2.0%), 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.
