◂ Event Timeline

Sep 10, 2018POLICYPhilippines

Rice prices to stabilize in November: Piñol

Philippine Agriculture Secretary Manny Pinol said rice prices are expected to stabilize in November. The statement comes amid high domestic rice prices and ongoing imports.

WHY IT MATTERS

An expected price stabilization suggests import flows may ease the local shortage, with limited effect on world rice prices.

AFFECTSRough Rice◆

SOURCE
abs-cbn.comABS-CBN NewsSep 10, 2018

Price reaction & history

Rough Rice◆neutralSO FAR1d -0.3%5d -1.7%20d -0.2%

After 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.

Mar 28, 2019Non-Basmati rice export to remain stagnant in current fiscal - DST - Daily Shipping Times-4.3%
Feb 11, 2025India introduces new HS code to allow exports of GI-recognized rice varieties.+0.6%
May 26, 2023Rice millers urge Centre to accept parboiled rice in Rabi in ryots’ interest - The Hindu+6.6%
Nov 29, 2016Relief for Centre, as rice, wheat, arhar, potato prices stable despite demonetisation - Commodities News | The Financial Express+4.2%
Nov 6, 2023India to review export bans on wheat & rice, aims to fill shortfall in Kharif procurement - CNBC TV18+4.2%

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.

Rough Rice RICE · GP ▸

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