International Paddy Rice Price Rp 5,251.9 per Kg (Monday, September 12, 2022)

International rice prices for the next two-month contract are observed to be rising. Daily transactions show rice being traded at USD 17.67 per hundredweight. This is equivalent to Rp 5,251.9 per kg, calculated using the Bank Indonesia exchange rate of Rp 14,860 per dollar.

Based on historical data from investing.com, Katadata Insight Center (KIC) calculations show that the average rice price over the last week was USD 17.23 per hundredweight. This average price is down compared to the previous week, which was USD 17.32 per hundredweight.

Meanwhile, monthly rice prices have shown an upward trend over the past 30 days. The average rice price in September was USD 17.23 per hundredweight, up 0.81 percent compared to the previous month's price of USD 17.09 per hundredweight. The highest average monthly rice price in the last 12 months was recorded in September 2022.