International Rice Price at Rp 5,116.7 per Kg (Thursday, October 20, 2022)

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Agus Dwi Darmawan 20/10/2022 13:46 WIB

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International Rice Price at Rp 5,116.7 per Kg (Thursday, October 20, 2022)

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Rice Prices Over the Past Three Months

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International rice prices for the next two-month contract are observed to be rising. Daily transactions show rice being traded at USD 16.52 per hundredweight. This is equivalent to Rp 5,116.7 per kg, calculated using the Bank Indonesia exchange rate of Rp 15,490 per dollar.

Katadata Insight Center (KIC) calculations based on historical data from investing.com show that the average rice price over the last week was USD 16.64 per hundredweight. This average price is down compared to the previous week, which was USD 16.86 per hundredweight.

Meanwhile, monthly rice prices have shown a downward trend over the past 30 days. The average rice price in October was USD 16.75 per hundredweight, down 3.72 percent compared to the previous month, which was USD 17.40 per hundredweight. The highest average monthly rice price in the last 12 months was recorded in September 2022.

"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."

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International Rice Price at Rp 5,116.7 per Kg (Thursday, October 20, 2022)

International Rice Price at Rp 5,116.7 per Kg (Thursday, October 20, 2022)

International Rice Price at Rp 5,116.7 per Kg (Thursday, October 20, 2022)

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International Rice Price at Rp 5,116.7 per Kg (Thursday, October 20, 2022)

International Rice Price at Rp 5,116.7 per Kg (Thursday, October 20, 2022)

International Rice Price at Rp 5,116.7 per Kg (Thursday, October 20, 2022)

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