International Rice Price at Rp 5483.4 per Kg (Monday, December 18, 2023)

International unmilled rice prices on Monday, December 18, 2023, increased compared to the previous day. Daily transactions for unmilled rice contracts two months forward were traded at USD 17.67 per hundredweight. This is equivalent to Rp 5,483.4 per kg, calculated using Bank Indonesia's recorded exchange rate of Rp 15,516 per dollar.

Katadata Insight Center (KIC) calculations from historical data available on investing.com show that the average unmilled rice price over the last week was USD 17.12 per hundredweight. This average price is higher than the previous week's USD 17.10 per hundredweight.

Meanwhile, monthly unmilled rice prices have shown an upward trend over the past 30 days. The average price for December is recorded at USD 17.065 per hundredweight, a 0.86 percent increase compared to the previous month's USD 16.92 per hundredweight. The highest average monthly unmilled rice price in the past 12 months was recorded in June 2023.