Dear colleagues,
We are pleased to attach the latest AP Weekly Price Monitor (26 October). You can find this and previous issues in http://www.fao.org/asiapacific/rap/home/asia-pacific-food-situation/asia-pacific-food-situation-weekly-update/en/
Over the past week, staple food commodity prices remained relatively stable in most countries except for the maize prices in Myanmar dropped by 14 percent and remained 37 percent below the peak in late-August.
In the weather aspect, “Ofel” strengthened into a tropical storm (Son-Tinh) on 24 October and made landfall over Siargao, a teardrop-shaped island in The Philippines facing the Pacific. The National Disaster Risk Reduction and Management Council (NDRRMC) issued alerts against possible flashfloods and landslides. Fishing boats were advised not to venture out into the eastern seaboard of Southern Luzon, due to the combined effect of Ofel and the northeast monsoon. As a response to the monsoon 2012 affectations, the Government of Pakistan is providing food assistance in kind, in addition clean drinking water, emergency shelter and health and care services to 7,500 families (Government of Pakistan, 23 October 2012).
Regarding policy highlights, the Prime Minister of Viet Nam approved the National Action Plan on Climate Change for the period 2012 to 2020. Therefore, the tasks set until 2020 is to strengthen the capacity of climate monitoring and early warning of natural disasters; ensuring food and water security; actively responding to natural disasters, such as flooding in big cities; mitigating greenhouse gas emissions and developing low-carbon economy.
With best regards,
AP Weekly Price Monitor
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