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AMIS Market Monitor

last release: July 2018

Policy Developments

  • On 9 June, China and India signed a new Memorandum of Understanding which amends the 2006 Protocol on Phytosanitary Requirements for exporting rice from India to China. At present, India can export only basmati rice to China. With the new agreement, India can also export non-basmati rice to China. 
  • In an attempt to curb rising food prices, the Department of Agriculture in the Philippines set suggested retail prices for eight agricultural products, including rice. The suggested retail price for rice is PHP 39 (USD 0.73) per kg.