03
Sep
Sep
Rice importers expected to pass on costs if ordered to maintain reserves
- ricenews / 5 months
- 0
- 2 min read
THE Department of Agriculture’s (DA) proposal to require private importers to share the responsibility of maintaining the country’s rice reserves could send retail prices higher, a farmers’ group warned. Federation of Free Farmers National Manager Raul Q. Montemayor said importers will likely charge consumers for the expense of maintaining extra inventory. “If importers shoulder the […]
