# Traders will shoulder SRP adjustment, Piñol assures Zamboanga rice retailers - BusinessWorld Online

> 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.

- Date: 2018-10-28 · published 2018-10-28T12:00:00.000Z
- Category: policy · region Philippines · magnitude low
- Page: https://feedsoft.ai/events/62614-traders-will-shoulder-srp-adjustment-pinol-assures-zamboanga-rice-retailers
- Commodities: [Rough Rice](https://feedsoft.ai/c/RICE.md)

## Why it matters

Philippine retail price controls affect domestic rice demand and import needs, a minor factor for global rice and feed prices.

## Read by commodity

- RICE: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| RICE | 2020-02-03 | [Post RTL: Rice can be profitable - BusinessWorld Online](https://feedsoft.ai/events/54679-post-rtl-rice-can-be-profitable-businessworld-online.md) | +0.0% | -0.8% |
| RICE | 2019-01-20 | [Inflation crisis helps bring sweeping reform to rice growing industry - BusinessWorld Online](https://feedsoft.ai/events/61169-inflation-crisis-helps-bring-sweeping-reform-to-rice-growing-industry.md) | +0.9% | -7.2% |
| RICE | 2024-03-24 | [Post-harvest support seen as key in taming inflation - BusinessWorld Online](https://feedsoft.ai/events/31272-post-harvest-support-seen-as-key-in-taming-inflation-businessworld-online.md) | -6.1% | +9.3% |
| RICE | 2020-10-22 | [Inspect rice imports for misdeclared quality, not just volume, Senate urges Customs – BusinessWorld Online](https://feedsoft.ai/events/50694-inspect-rice-imports-for-misdeclared-quality-not-just-volume-senate-urges.md) | +2.3% | +2.1% |
| RICE | 2017-04-05 | [Papua New Guinea paying more for rice than we should — EMTV ONLINE](https://feedsoft.ai/events/71585-papua-new-guinea-paying-more-for-rice-than-we-should-emtv-online.md) | +1.9% | -4.3% |

## Sources

- bworldonline.com: https://bworldonline.com/the-nation/2018/10/28/196235/traders-will-shoulder-srp-adjustment-pinol-assures-zamboanga-rice-retailers/

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