Philippines Feb rice stocks hit lowest in 4 mths, more imports likely
date:Mar 11, 2014
00 tonnes, however, thanks to the partial delivery of rice purchased in November from Vietnam. But that was good for only 14 days of consumption, below the mandatory 15 day-minimum.

While bumper harvests in other countries have stoked a global rice glut, prices in the Philippines have climbed around 4 percent in the last few months after Typhoon Haiyan devastated key growing regions and as the government clamps down on smugglers looking to avoid hefty taxes.

Stocks in commercial warehouses fel
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