Rice imports spike 20% after tariff cut

By Janine Alexis Miguel

Sep 16, 2024 12:25 am

RICE imports hit 2.9 million metric tons (MT) in the first week of September, 20 percent higher than the 2.4 million MT in 2023, according to data from the Department of Agriculture (DA).

In its latest report, the DA's Bureau of Plant Industry (BPI) said from September 1 to 5 alone, rice shipments from abroad reached 38,068 MT, while 361,724 MT was recorded a month earlier.

Already have an active account? Log in here to continue reading.
Or
Subscribe to the Premium Subscription plan to access this subscriber-exclusive article.

Related Articles

Reserves slightly lower at $112.4B

Rice retailers to cut

BSP easing 'no longer likely to be as gung ho'

Tesla now in PH; cars start at P2.1M

Fed chief flags patient approach

Much to emulate from Mexico

PH to host UN climate change fund meeting