PH may scrap plan to import 100,000T rice in 2013

Reuters

Posted at Dec 03 2012 11:46 AM | Updated as of Dec 04 2012 01:13 AM

MANILA - The Philippines may drop a plan to buy 100,000 tonnes of rice next year following forecasts of good local supply of its national staple, the country's farm minister said on Monday. 

"We have to review that," Agriculture Secretary Proceso Alcala told reporters. "Our production is very strong." 

The Southeast Asian country, which buys most of its rice imports from neighbour Vietnam, is aiming to become self-sufficient in the grain by the end of 2013.