National rice inventory 14.4% higher in August

By Janine Alexis Miguel

Sep 17, 2024 12:20 am

THE country's rice stocks totaled 1.87 million metric tons (MT) as of August 1, up 14.4 percent from 1.63 million MT last year, the Philippine Statistics Authority (PSA) said.

Month-on-month, however, the inventory was 14.2 percent lower than July's 2.18 million MT.

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