Agriculture Secretary Emmanuel Piñol on Monday said the price of rice would soon stabilize with the start of the harvest season. Rice prices will stabilize by November this year, pero hindi na bababa ng P40 (per kilo),” he said. Early harvest starts early September, and it would stretch into early October,” he said. Prices of rice spiked in the last few months in some markets due to the lean months and a shortage of rice in some areas due to an intensified drive against smuggling. /cbbREAD: DA execs find rice shortage caused by war on smuggling / Rice prices continue to rise

Source: Philippine Daily Inquirer September 10, 2018 04:07 UTC