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- (-) Rice
- (-) September 2016
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Export prices were virtually unchanged due to quiet trading.
Export prices declined one to two percent from the previous week as supplies of new main-crop rice have begun to enter the market.
Export prices declined about one percent as the government finalized the sale of 755,012 metric tons of food-grade and non-food grade rice from the recent tenders issued on August 29-30.
Export prices increased around one percent due to the recent government-to-government contract with the Philippines and new interest from foreign buyers due to low prices.
Export prices further declined one to two percent as the government is expected to sell around 0.9 million metric tons from through tenders on August 29-30.
MY2016/17 rice and corn crops are in good condition despite the planting delay as precipitation has returned to normal.