NFA bats for rice importation to replenish depleting stocks 13 SHARES Share it! “Even if commercial rice prices are stable, regular NFA rice patrons are still looking for it [cheaper NFA rice] because of the average P9 per kilogram difference in price. Removing NFA rice from the market is like taking away the lowest-priced brand of rice whose quality is comparable to higher-priced commercial rice,” NFA administrator Jason Aquino pointed out. Right now, NFA sells rice at P27/kg and P32/kg, while commercial rice varieties of comparable quality are sold at P36/kg to P41/kg. Tags: buffer stock, importation, Manila Bulletin, NFA, NFA Council, NFA rice, patrons

Source: Manila Bulletin January 26, 2018 07:52 UTC