Retail rice prices in Japan have fallen for seven weeks in a row, on the back of wider availability of cheaper supplies of the staple grain from government stockpiles.
MANILA, Philippines — Guimaras is the latest province to join the growing list of areas covered by subsidized rice sale as the government aims to expand the initiative.
The Department of Science and Technology (DOST) said that sustaining the P20-per-kilo rice program would depend on inflation and efficiency of production.
Demand for Thai parboiled rice is emerging in the West African market, as the price difference between Thai and Indian parboiled rice has declined sharply recently.
According to the Ministry of Agriculture and Environment, the average export price of rice fell by 18.4 per cent year-on-year, reaching $517.5 per tonne.
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