00:00A new maximum suggested retail price was set for the Department of Agriculture's imported rice.
00:07Effective on February 15, MSRP was set at P52 per kilo of imported rice.
00:16This is lower than the P55 per kilo MSRP last week and P58 last January.
00:25Based on the Administrative Order No. 3, Series of 2025,
00:29the price of imported rice is slowly decreasing in the market.
00:34Like in India, Thailand and Vietnam, where the Philippines imports rice.
00:39Aside from MSRP, where consumers can buy rice at a more affordable price,
00:46MSRP is equivalent to the 5% broken imported rice
00:51sold to the public and private markets.
