Roel Landingin and Javier Blas writing in the Financial Times:The Philippines failed to buy enough rice on Tuesday to boost its inventories and faced prices more than 40 per cent high­er than two months ago in the latest sign of a rapid tight­­ening of the global rice market.The failure underscores the risk that rice could be in short supply in south-east Asia countries, where the grain is a staple food. It also signals further food inflation pressures in the region, where consumer prices are rising quickly.The world’s largest rice exporters, including Vietnam, India and Egypt, have imposed foreign sales restrictions to keep their domestic markets well supplied, tightening further the global market. More curbs are likely in the coming months as the rice market faces strong demand and lagging supplies, the US Department of Agriculture has warned. Global rice stocks are set to ...