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The National Food Authority said the market is short of regular-milled rice because sellers prefer well-milled grades. The Trade Department has threatened to revoke retailer permits that do not sell the cheaper variety, after inflation reached 6.4% in August.
Tight regular-milled supply and government pressure to change import and sales rules could tighten Philippine rice availability and support import demand.
bworldonline.comJino NicolasSep 23, 2018After 168 past bullish policy events, Rough Rice moved a median +0.8% over 5 sessions (57% higher; middle half -1.7% to +2.1%), and -0.4% 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.
