Rice Price in Cebu

Latest price

47.25 PHP/kg

Sep 2026 · FAO GIEWS

Product: Rice · monthly wholesale price

Over the past 12 months it ranged from 32.3 PHP/kg (Oct 2025) to 51.01 PHP/kg (Mar 2026), +47.9% vs. a year earlier. +4.0% vs. Philippines (national average). The lowest price among 5 reporting markets (Sep 2026).

Price Chart

Notable price events

  • 2007-08 global food price crisis — Drought in major exporting countries, combined with several governments restricting exports to protect domestic supply and growing demand for biofuel crops, pushed wheat, rice and corn to what were then record prices within about a year - triggering food riots in over 30 countries.
  • India's rice export ban, July 2023 — On 20 July 2023 India, the world's largest rice exporter, banned exports of non-basmati white rice - about a quarter of its rice exports - to hold down domestic prices ahead of an El Niño year. The Thai 5% broken benchmark jumped to its highest in about 15 years, above $650 a tonne.
Price data table

Recent prices

PeriodPrice (PHP/kg)Change
Sep 202647.25+1.7%
Aug 202646.45+1.6%
Jul 202645.72+1.6%
Jun 202644.98+1.9%
May 202644.15-9.3%
Apr 202648.68-4.6%
Mar 202651.01+21.0%
Feb 202642.17-0.3%
Jan 202642.29+1.5%
Dec 202541.65+12.4%
Nov 202537.06+14.7%
Oct 202532.3+1.1%

Annual averages

YearAverage (PHP/kg)Change
2026 (year to date)45.86+26.2%
202536.33-30.2%
202452.01+15.7%
202344.96+12.4%
202240.02+1.5%
202139.44-2.0%
202040.24+1.5%
201939.65+3.8%
201838.18+13.4%
201733.68+1.5%

Other markets in Philippines