# Philippines fixes rice prices as inflation appears unstoppable

> The Philippines set suggested retail prices for rice in Metro Manila, capping imported well-milled rice at PHP39 per kilogram, as inflation reached its highest level since February 2009. Violators face up to four years in jail under the Price Act.

- Date: 2018-11-01 · published 2018-11-01T12:00:00.000Z
- Category: policy · region Philippines · magnitude medium
- Page: https://feedsoft.ai/events/62124-philippines-fixes-rice-prices-as-inflation-appears-unstoppable
- Commodities: [Rough Rice](https://feedsoft.ai/c/RICE.md)

## Why it matters

Retail price ceilings aimed at curbing inflation may reduce Philippine import demand and trade margins, weighing on import-driven rice demand.

## Read by commodity

- RICE: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| 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 | 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 | 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% |
| RICE | 2019-05-08 | [Rice crisis over? Philippines looks at removal of suggested retail prices as market stabilises](https://feedsoft.ai/events/59173-rice-crisis-over-philippines-looks-at-removal-of-suggested-retail-prices-as.md) | +1.6% | +9.4% |
| 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% |

## Sources

- aseannewstoday.com: https://aseannewstoday.com/2018/unstoppable-inflation-sees-philippines-cap-rice-prices/

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