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Mar 18, 2016 @ 2:57

PHL rice inventory good for 87 days–PSA

The total rice inventory as of February 1, pegged at 2.94 million metric tons (MMT), is good for 87 days, according to the latest report published by the Philippine Statistics Authority (PSA).

In its monthly report, titled Rice and Corn Stocks Inventory, the PSA said the inventory in February was 25.2 percent higher than the 2.35 MMT recorded in the same period last year.

“But the figure is 8 percent lower than the January inventory level of 3.2 MMT,” the report read.

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