Philippine Statistics Authority Rice inventory down 13% in May.

The country rice inventory as of May 1 declined by 13 percent to 3.21 million metric tons (MMT), from 3.69 MMT recorded a year ago. Of the rice inventory as of May 1, the PSA said 46.38 percent were with the households, 45.21 percent were in commercial warehouses, while 8.41 percent were in the NFA depositories. Nearly 75 percent of NFA stocks consisted of imported rice.