International Rice Price at Rp 4927.7 per Kg (Monday, July 29, 2024)
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International unhusked rice prices on Monday, July 29, 2024, fell compared to the previous day. Daily transactions for the two-month-ahead contract were traded at USD 15.21 per hundredweight. This is equivalent to Rp 4,927.7 per kg, calculated using Bank Indonesia's recorded exchange rate of Rp 16,199 per dollar.
Katadata Insight Center (KIC) calculations from historical data available on investing.com show that the average unhusked rice price over the last week was USD 14.83 per hundredweight. This average price is down compared to the previous week, which was recorded at USD 16.02 per hundredweight.
Meanwhile, monthly unhusked rice prices have shown a downward trend over the past 30 days. The average price for July was USD 15.89 per hundredweight, down 11.14 percent compared to the previous month, which was USD 17.89 per hundredweight. The highest average monthly unhusked rice price in the last 12 months was recorded in May 2024.
"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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