Rice Price in Iloilo

Latest price

47.57 PHP/kg

Sep 2026 · FAO GIEWS

Product: Rice · monthly wholesale price

Over the past 12 months it ranged from 30.62 PHP/kg (Nov 2025) to 47.68 PHP/kg (Aug 2026), +49.5% vs. a year earlier. +4.7% vs. Philippines (national average). Lower than 3 of 4 other 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 202647.57-0.2%
Aug 202647.68+2.4%
Jul 202646.54-0.0%
Jun 202646.56-1.5%
May 202647.27+4.1%
Apr 202645.4+19.0%
Mar 202638.16+0.0%
Feb 202638.16+5.4%
Jan 202636.2+11.1%
Dec 202532.57+6.4%
Nov 202530.62-3.2%
Oct 202531.63-0.6%

Annual averages

YearAverage (PHP/kg)Change
2026 (year to date)43.73+24.7%
202535.06-25.6%
202447.13+23.6%
202338.14+16.2%
202232.82+5.6%
202131.09-1.7%
202031.62-5.0%
201933.28-12.5%
201838.04+19.6%
201731.8+0.0%

Other markets in Philippines