
Philippine farmers' group FFF says farmgate palay prices have fallen to as low as P16 per kilogram as traders anticipate a flood of imports. Rice imports for the first eight months of the year fell 25% year on year to 1.66 million tonnes, and national inventories were down 16%.
Traders are discounting domestic palay in anticipation of future imports, which signals weak Philippine demand for milled rice in the near term. Import expectations weigh on Asian rice prices.
Setelah 141 peristiwa perdagangan bearish sebelumnya, Gabah bergerak median +0,6% selama 5 sesi (57% lebih tinggi; separuh tengah -2,3% sampai +2,4%), dan -0,6% selama 20 sesi.
Pergerakan benchmark setiap komoditas dari penutupan terakhir sebelum peristiwa. Pembacaan historis menggabungkan peristiwa serupa di masa lalu; itu menggambarkan apa yang terjadi, bukan apa yang akan terjadi. Bukan nasihat investasi.