The government’s temporary freeze on rice imports has begun to push farmgate palay prices upward, according to the Department of Agriculture. Latest figures showed dry palay fetching ₱21.52 per kilogram as of Jan. 30, while fresh palay rose to ₱18.42 per kilo, signaling a turnaround from the slump that followed heavy import arrivals last year. Records from the Philippine Statistics …
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The Market Monitor Minding the Nation's Business