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

PSE cuts capital raising target

'Retaliate': Trump tariff talk spurs global jitters

Production of all-new, PH-made Tamaraw starts

Ex-currency diplomat chosen as next ADB chief

Treasury: 'Aggressive return' to low debt-to-GDP ratio not feasible

Megawide Construction Corp. announces the following Markets and Securities Regulation Department order

New IP road map to support AI use