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Rice importers face suspension on unused SPS-IC

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RICE traders and importers who have unused sanitary and phytosanitary import clearance could be suspended by the Department of Agriculture (DA) as about 60 percent of issued SPS-ICs in the first half, covering almost 2 million metric tons (MMT), are unutilized to date.

RICE traders and importers who have unused sanitary and phytosanitary import clearance could be suspended by the Department of Agriculture (DA) as about 60 percent of issued SPS-ICs in the first half, covering almost 2 million metric tons (MMT), are unutilized to date.

Latest Bureau of Plant Industry (BPI) data obtained and analyzed by the BusinessMirror showed that only 1,803 SPS-ICs out of the 3,926 SPS-ICs issued from January to June have been used by eligible rice importers as of July 10.

This corresponds to a total rice volume imported of about 1.347 MMT out of the 3.261 MMT applied volume during the six-month period, BPI data showed.

See full article at Business Mirror

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