Trade and markets
 

Detail

Area
Philippines
Commodity Group
Rice
Commodity
All
Date
01/07/2013
Policy Category
Consumption and marketing
Policy Instrument
Food subsidies
Description
Gave approval to the National Food Authority to sell well-milled rice, in addition to regular milled rice, in order to ensure markets are well supplied and prices remain stable during lean months. The supplies will be released at a price of Pesos 32 (USD 0.74) per kilo in major markets in Metro Manila, starting on 19 July 2013.
Notes
Exchange rate as of 1 July 2013