'20,000 MT rice used as excuse for EO 62 failure'
The Philippine Star|September 23, 2024
Farmers' group Federation of Free Farmers (FFF) said over the weekend that the government is using the 20,000 metric tons of imported rice lying idle at the Port of Manila as an excuse to justify the failure of Executive Order (EO) No.62 to bring down the retail price of the staple.
BELLA CARIASO

"We are doubtful whether the 20 million kilos or 20,000 tons in the pier has any impact on prices. It is less than four percent of the 530,000 tons that arrived from July to August at 15 percent,' FFF national manager Raul Montemayor said.

The Philippine Ports Authority (PPA) has said that traders have yet to claim the P555 million worth of imported rice inside the 888 container vans at the Port of Manila.

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