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Philippines Feb rice stocks hit lowest in 4 mths, more imports likely
date:Mar 11, 2014
mport plans.

Purchases by the Philippines, one of the world's biggest buyers of the grain, could support falling rice prices elsewhere in Asia, with both Vietnam and Thailand likely to bid aggressively for any new deal.

Inventory in the Philippines fell 5.7 percent to 2.0 million tonnes as of Feb. 1, good for 59 days of national usage, from 2.12 million tonnes at the start of the year, the Bureau of Agricultural Statistics (BAS) said in a report.

The NFA's stockpile rose 67.1 percent to 460,0

12/24 16:24