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Aug 16, 2016 @ 3:48

PHL rice inventory good for 81 days–PSA

The country’s rice inventory at the start of the lean season for palay reached 2.73 million metric tons (MMT), which would be enough for 81 days, according to the Philippine Statistics Authority (PSA).

PSA data showed that the total rice inventory as of July 1 was 6.44 percent higher than the 2.57 MMT recorded in the same period last year. However, it is 15.51 percent lower than last month’s inventory of 3.24 MMT.

“Stocks in the households would be good for 29 days, those in NFA depositories for 27 days, and those in commercial warehouses for 25 days,” the PSA report read.

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