# ‘Cheap NFA rice missing in markets’

> Critics say the National Food Authority's P39-per-kilo 'cheap rice' is not available in major Metro Manila markets and call the program a hoax. They say the domestic rice crisis is worsening.

- Date: 2018-04-18 · published 2018-04-18T12:00:00.000Z
- Category: policy · region Philippines · magnitude low
- Page: https://feedsoft.ai/events/65583-cheap-nfa-rice-missing-in-markets
- Commodities: [Rough Rice](https://feedsoft.ai/c/RICE.md)

## Why it matters

Shortages of low-priced government rice point to tight domestic supply and strong import needs in the Philippines, a major rice buyer. That could support Asian rice prices, though the effect is modest.

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| RICE | 2023-11-27 | [Global rice markets face stresses from El Niño, India export restrictions](https://feedsoft.ai/events/33101-global-rice-markets-face-stresses-from-el-nino-india-export-restrictions.md) | -2.2% | -1.0% |
| RICE | 2023-10-02 | [Global rice markets face stresses from El Niño, India export restrictions \| IFPRI](https://feedsoft.ai/events/33551-global-rice-markets-face-stresses-from-el-nino-india-export-restrictions-ifpri.md) | +0.8% | +1.9% |
| RICE | 2023-12-20 | [Rice: Govt closely monitoring rice situation in domestic, international markets on weekly basis - The Times of India](https://feedsoft.ai/events/32646-rice-govt-closely-monitoring-rice-situation-in-domestic-international-markets.md) | +0.1% | +2.3% |
| RICE | 2018-03-19 | [Rice exporters in fear as move to hike MSP will make it expensive in global markets - The HinduBusinessLine](https://feedsoft.ai/events/65962-rice-exporters-in-fear-as-move-to-hike-msp-will-make-it-expensive-in-global.md) | -0.8% | +4.8% |
| RICE | 2017-04-01 | [NFC starts producing rice to stabilise prices](https://feedsoft.ai/events/72063-nfc-starts-producing-rice-to-stabilise-prices.md) | +3.4% | -5.5% |

## Sources

- philstar.com: https://www.philstar.com/headlines/2018/04/19/1807338/cheap-nfa-rice-missing-markets

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