President Ferdinand Marcos Jr. is still deciding whether to extend the government’s P50 per-kilo price ceiling on imported rice, Malacañang says. Palace spokesperson Claire Castro reports that the Department of Agriculture has informed the palace that the National Price Coordinating Council submitted its recommendation to extend the cap, which lapsed last month. The recommendation is under review by the president for possible approval. The decision is being considered alongside seasonal factors, including the approaching harvest period, which may affect rice supply and prices. In parallel, the Department of Agriculture is urging approval of an extension, saying it expects the cap to help stabilize both rice supply and market prices. The DA cites the absence of harvest as a reason the ceiling should continue for an additional period, with one report describing a proposal to extend the price cap for 60 days. No final decision on the extension has been announced, and the president’s review remains ongoing.