Philippines Feb rice stocks hit lowest in 4 mths, more imports likely
date:Mar 11, 2014
the only three countries with which it has government-to-government supply agreements.

An NFA spokesman last week confirmed media reports that Manila has since late January doubled the amount of rice it has been releasing into markets from stockpiles most days, looking to curb price gains.

Meanwhile, Vietnam, the world's No. 2 exporter of the grain after India, has lowered its price floor for exports of low-grade rice for the second time in a month to attract buyers amid the global supply glu
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