Philippines' rice import cap likely to have limited impact on Vietnam prices

Vietnamese rice prices are expected to see limited impact after the Philippines’ Department of Agriculture signaled that rice imports would be limited to around 150,000 metric tons per month in March and April, multiple exporters and buyers told Platts Feb. 17. The combined 300,000 mt import volume over the two months would mark a sharp reduction from typical monthly arrivals, as Manila seeks toVietnamese rice prices are expected to see limited impact after the Philippines’ Department of Agriculture signaled that rice imports would be limited to around 150,000 metric tons per month in March and April, multiple exporters and buyers told Platts Feb. 17. The combined 300,000 mt import volume over the two months would mark a sharp reduction from typical monthly arrivals, as Manila seeks toRead More