Rice stocks down nearly 11%

Rice stocks down nearly 11% — PSA

By Janine Alexis Miguel

May 11, 2024 12:36 am

THE country's rice stocks went down by 10.9 percent to 1.64 million metric tons (MT) at the start of April from last year's figure, according to the Philippine Statistics Authority.

In a report dated Wednesday, domestic inventory of rice as of April 1 was said to have reached 1.64 million MT, lower than the 1.84 million MT recorded a year earlier.

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