International Rice Price: Rp 4727.4 per Kg (Friday, August 9, 2024)
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International unmilled rice prices on Friday, August 9, 2024, were observed to have decreased compared to the previous day. Daily transactions for unmilled rice futures contracts for the next two months were traded at USD 14.853 per hundredweight. This is equivalent to Rp 4727.4 per kg, calculated using the Bank Indonesia exchange rate of Rp 15,914 per dollar.
Katadata Insight Center (KIC) calculations, based on historical data from investing.com, show that the average unmilled rice price over the last week was USD 15.1 per hundredweight. This average price is down compared to the previous week, which was recorded at USD 15.17 per hundredweight.
Meanwhile, the monthly unmilled rice price has shown a downward trend over the past 30 days. The average unmilled rice price for August is recorded at USD 15.1 per hundredweight, down 4.48 percent compared to the previous month, which was at USD 15.81 per hundredweight. The highest 12-month average monthly unmilled rice price 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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