# Rice prices up for 6th straight month | Philstar.com

> Philippine palay farm-gate prices rose 10 percent at the start of June and have climbed for six straight months, with well-milled rice wholesale up seven percent year on year. The National Food Authority expects prices to stabilize as the first 16,000 metric tons of a 250,000 MT government-to-government purchase from Vietnam arrived.

- Date: 2018-06-08 · published 2018-06-08T12:00:00.000Z
- Category: trade · region Asia · magnitude low
- Page: https://feedsoft.ai/events/6748-rice-prices-up-for-6th-straight-month-philstar-com
- Commodities: [Rough Rice](https://feedsoft.ai/c/RICE.md)

## Why it matters

Government import tenders from Vietnam add supply to the Philippine market and should cap further domestic rice price gains, while Vietnamese export demand supports regional quotes.

## Read by commodity

- RICE: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| RICE | 2025-04-04 | [Tariffs could reshape rice market, prices \| World Grain](https://feedsoft.ai/events/25193-tariffs-could-reshape-rice-market-prices-world-grain.md) | +1.3% | -3.5% |
| RICE | 2020-07-02 | [USMCA provides more opportunity for US rice - Brownfield Ag News](https://feedsoft.ai/events/52179-usmca-provides-more-opportunity-for-us-rice-brownfield-ag-news.md) | +2.4% | -27.6% |
| RICE | 2021-06-24 | [US rice industry raises concerns as Iraq privately buys from Uruguay \| S&P Global](https://feedsoft.ai/events/46667-us-rice-industry-raises-concerns-as-iraq-privately-buys-from-uruguay-s-and-p.md) | -1.3% | +1.5% |
| RICE | 2017-07-31 | [Demand for VN rice to be stable in Q3: VFA](https://feedsoft.ai/events/70026-demand-for-vn-rice-to-be-stable-in-q3-vfa.md) | -0.7% | -0.2% |
| RICE | 2023-12-11 | [Grain prices stabilize, demand remains robust \| Miller Magazine](https://feedsoft.ai/events/32792-grain-prices-stabilize-demand-remains-robust-miller-magazine.md) | +0.5% | +1.1% |

## Sources

- philstar.com: https://www.philstar.com/headlines/2018/06/09/1823012/rice-prices-6th-straight-month

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