Rains delay release of rice imported from Vietnam, Thailand.

Malacanang said that cheaper imported rice distributed by the National Food Authority (NFA) has arrived at the Subic Port but has yet to be released due to the incessant rains brought about by typhoon Domeng last week. In a Palace briefing, Presidential Spokesperson Harry Roque said that the Department of Agriculture (DA) has confirmed that 250,000 metric tons of rice from Vietnam and Thailand has arrived and will soon be available for purchase in the market. The new rice stocks aimed to boost the NFA’s depleted rice stocks were imported through the government to government (G2G) mode, which the agency deems faster than the government to private (G2P) mode. Roque said that the imported staple will be priced at PHP36 to PHP38. Commercial rice is now at PHP36 to PHP38 as a result of the arrival of the 250,000 metric tons of NFA rice from Subic. Roque clarified that the imported rice has yet to be unloaded and delivered but once it does, it will be priced even lower.