MANILA, Philippines – The country’s rice imports are expected to decline this ... mainly due to the drop in palay prices and the widening gap between requirements and local production ...

The P7 per kilo drop in rice prices ... increased the buying price of rice by $40, from $580 to $620 per metric ton (MT). In 2023, the country imported at least 2.99 million MT from Vietnam or 83 ...

That is the total volume of rice that the Philippines may import this year ... Domestic rice harvest, meanwhile, is projected to drop by 300,000 MT year-on-year to 12.325 million MT from 12. ...

The research firm estimated that imports would account ... given that stocks in the Philippines are elevated.” With average rice futures prices anticipated to drop in 2025, BMI said “the ...

The manufacturing sector loses around 410,000 jobs year-on-year amid lower semiconductor exports, while more rice farmers ...

The Philippines, the world’s top rice importer, plans to look beyond its dominant supplier, Vietnam, to ensure steady ...

From the Philippines to Senegal ... which has scrapped long-running export restrictions. The abundance has pushed the price of Thai white rice — an Asian benchmark — to the lowest since ...

The Philippines imported 1.7 million tons of rice in the first five months of 2025, down 20.9% from a year ago.

Despite this downturn, the United States Department of Agriculture (USDA) projects that the Philippines will remain the world ...