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Philippine Star
Philippine Star
Catherine Talavera – The Philippine Star December 11, 2021 | 12:00am MANILA, Philippines — The Philippines is projected to further increase to 2.6 million metric tons this year due to strong pace of trade and large purchases from Vietnam. In a report, the United States Department of Agriculture-Foreign Agricultural Service (FAS) said it is revising upward its rice forecast imports for the Philippines by 300,000 MT from its previous 2.3 million MT forecast. “This year, a variety of factors explain why imports remain strong, especially in September and October. Pent-up demand and the overdue ful…