Prices of Local Rice in Asian Countries

12/01/2018 19:08 WIB

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Rice Prices in Asian Countries (November 2017)

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Rice Prices in Asian Countries (November 2017)

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The local market price of rice in Myanmar in November 2017 was only US$0.33 or Rp 4,455 per kilogram (kg). This was the lowest price compared to other countries. The next lowest rice prices were in Thailand at US$0.35 (Rp 4,725) per kg, followed by Vietnam at US$0.36 (Rp 4,860) per kg.

Meanwhile, the price of medium-quality rice in Indonesia reached US$0.79 (Rp 10,665) per kg. Indonesian rice was only cheaper than that in the Philippines and China, which were US$0.82 per kg and US$0.92 per kg respectively.

India and Thailand are expected to remain the largest rice exporters this year. India's rice exports are projected to reach 10.8 million tons, while Thailand's are projected at 10.3 million tons.

"Disclosure: This is an AI-generated translation of the original article. We strive for accuracy, but please note that automated translations may contain errors or slight inconsistencies."