Pilmico, ANI eye rice imports under MAV (Business Mirror (Philippines))

Pilmico Foods Corp. and Agrinurture Inc. (ANI) are among the 141 farmers’ groups and firms that are seeking to im-port 677,210 metric tons (MT) of rice under the minimum access volume (MAV) scheme, according to data from the National Food Authority (NFA).

A list available on its web site showed that Pilmico Foods Corp., the food subsidiary of Aboitiz Equity Ventures, is applying for a permit to import 20,000 MT of rice from Vietnam.

Meanwhile, ANI is seeking to bring in some 6,500 MT of rice from Vietnam and 12,000 MT of Thailand rice.

Data from the NFA as of July 30 showed that applicants for MAV rice imports also included trading firms.

The NFA said all rice imports under the 2015 MAV scheme will be levied a tariff of 35 percent. Rice imports that fall within MAV are usually slapped a lower tariff.

Importers are allowed to import well-milled rice with a quality not lower than 25 percent brokens and any special rice variety.

All shipments should be delivered on or before November 30.

NFA Spokesman Angel Imperial, Jr. told the BusinessMirror that a team will evaluate this year’s MAV applicants.

Since the total volume of applications exceeded the allowed quota for Thailand, Vietnam and the omnibus origin, Imperial said the volume of allocation for each applicant will be prorated. This means the NFA may lower the volume of rice it will allocate for each applicant from what they originally requested, he said.

According to the guidelines released by the NFA earlier, both Vietnam and Thailand were given a quota of 293,100 MT of rice, while only 50,000 MT of rice from omnibus origin will be allowed.

The NFA said it is authorizing the importation of rice for the lean months, which started in July, and in preparation for El Nino which is expected to intensify later this year.