Typhoon Mangkhut damages Philippine rice production

TIN LIÊN QUAN
	Typhoon Mangkhut wrecks havocs in its way
	Typhoon Mangkhut leaves trail of death, destruction in the Philippines

The country, one of the world's biggest rice importers, had been under pressure to increase its stocks even before Typhoon Mangkhut struck, with soaring retail prices helping to push inflation to its highest level in nearly a decade.

The Philippine Department of Agriculture said the estimates showed 9.6 billion PHP (177 million USD) in total crop damage, but said the figure may be higher after taking into account more field reports.

Agriculture Secretary Emmanuel Pinol said agriculture damage is forecast at about 11 to 12 billion PHP.

Typhoon Mangkhut left houses damaged in the Philippines.

Before the storm, the Philippines had already planned to import an additional 383,500 more tonnes of rice in 2018 on top of its approved purchases earlier this year of more than 1 million tonnes.

Prospects of new deals with the country pushed up export prices last week from its main supplier, Vietnam.

The death toll from super typhoon Mangkhut, which swept through Luzon Island, north of the Philippines, climbed to 65 as of September 17. There were about 33 people injured and some 45 still unaccounted for. 

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