MULTIMEDIA

Rice prices to go down?

Jire Carreon, ABS-CBN News

Posted at Feb 18 2019 04:35 PM

Rice prices to go down?

Consumers buy rice at the Commonwealth market on Monday. The trade department expects a decrease in rice prices after President Duterte signed into law the Rice Tariffication bill. However, farmers expressed concern over its possible impact to their livelihood as the entry of imported rice may further weaken palay buying prices around the country.