International Unmilled Rice Price Reaches Rp 4,930 per Kg (Tuesday, August 6, 2024)
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International unmilled rice prices on Tuesday, August 6, 2024, were observed to have decreased compared to the previous day. Daily transactions for unmilled rice contracts two months ahead were traded at USD 15.178 per hundredweight. This is equivalent to Rp 4,930 per kg, calculated using the Bank Indonesia exchange rate of Rp 16,234 per dollar.
Based on historical data from investing.com, Katadata Insight Center (KIC) calculations show that the average unmilled rice price over the last week was USD 15.17 per hundredweight. This average price increased compared to the previous week, which was recorded at USD 14.97 per hundredweight.
Meanwhile, the monthly unmilled rice price showed a downward trend over the past 30 days. The average price for August was recorded at USD 15.15 per hundredweight, down 4.18 percent compared to the previous month, which stood at USD 15.81 per hundredweight. The highest average monthly unmilled 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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