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Report
MSRP for imported rice lowered to P55 from P58
PTVPhilippines
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2/5/2025
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Transcript
Display full video transcript
00:00
The Department of Agriculture, or DA, has started the implementation of the new Maximum
00:05
Suggested Retail Price, or MSRP, for imported rice nationwide.
00:10
According to the department, the MSRP will be reduced to 55 pesos per kilogram from the
00:15
current 58 pesos per kilogram.
00:17
This initiative aims to make rice more affordable for consumers.
00:21
DA also stated that the agency plans to further reduce the MSRP in the coming weeks after
00:26
the periodic review.
00:28
Meanwhile, the Rice for All program of Kadiwan ng Pangulo is also available at some public
00:33
markets and train stations for only 29 pesos to 38 pesos per kilo, depending on the class.
00:39
On the other hand, the National Food Authority, or NFA, has released the NFA rice and reduced
00:44
the price from 35 pesos to 33 pesos per kilo.
00:49
By February 5 to 55, by February 15 to 52, and by March 1, the highest price for imported
00:59
rice in the market should be only 49 pesos.
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