International Unmilled Rice Price: Rp 4634.2 per Kg (Monday, August 12, 2024)
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International unhusked rice prices on Monday, August 12, 2024, were observed to have decreased compared to the previous day. Daily transactions for unhusked rice futures contracts for the next two months were traded at USD 14.56 per hundredweight. This is equivalent to Rp 4,634.2 per kg, calculated using the Bank Indonesia exchange rate of Rp 15,914 per dollar.
Based on historical data from investing.com, Katadata Insight Center (KIC) calculations show that the average unhusked rice price over the last week was USD 15.04 per hundredweight. This average price is down compared to the previous week, which was recorded at USD 15.17 per hundredweight.
Meanwhile, over the past 30 days, monthly unhusked rice prices have shown a downward trend. The average unhusked rice price for August is recorded at USD 15.03 per hundredweight, down 4.9 percent compared to the previous month, which was at USD 15.81 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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