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The Philippine Agriculture Secretary said traders and wholesalers, not retailers, will absorb the suggested retail price adjustment for rice in Zamboanga City. The proposed SRP is P40 per kilo for regular-milled rice, following a late-August state of calamity over shortages and prices reaching P80 per kilo.
Philippine retail price controls affect domestic rice demand and import needs, a minor factor for global rice and feed prices.
bworldonline.comCEDTyCleaOct 28, 2018After 100 past neutral policy events, Rough Rice moved a median +0.0% over 5 sessions (51% higher; middle half -2.6% to +2.3%), and +0.7% 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.
