AreaPhilippines

Commodity GroupRice

CommodityAll

Date08/10/2018

Policy CategoryTrade

Policy InstrumentImport quota, price controls

DescriptionApproved a proposal by the Department of Trade and Industry that would have 350 000 tonnes of rice imported directly by selected retailers, on condition that they sell these supplies at a fixed retail price of PHP 38 (USD 0.7) per kg.

NotesExchange rate as of 15 October 2018.