International Rice Price: Rp 4739.9 per Kg (Friday, September 6, 2024)
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Unmilled rice prices on Friday, September 6, 2024, in the international market 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 15.3 per hundredweight. Converted to Indonesian Rupiah, this is equivalent to Rp 4739.9 per kg. This price is calculated based on the exchange rate recorded by Bank Indonesia, which is Rp 15,490 per dollar.
Katadata Insight Center (KIC) calculations, based on historical data available on investing.com, show that the average unmilled rice price for the last week was USD 15.21 per hundredweight. This average price is higher than the previous week's recorded price of USD 15.01 per hundredweight.
Meanwhile, for the monthly period, unmilled rice prices have shown a downward trend over the last 30 days. The average unmilled rice price for September was recorded at USD 15.31 per hundredweight, up 1.53 percent compared to the previous month, which was at USD 15.08 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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