International Unmilled Rice Price: Rp 4640.5 per Kg (Friday, August 16, 2024)
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International unmilled rice prices on Friday, August 16, 2024, fell compared to the previous day. Daily transactions for the two-month-ahead contract were traded at USD 14.58 per hundredweight. This is equivalent to Rp 4640.5 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 unmilled rice price for the last week was USD 14.78 per hundredweight. This average price is down compared to the previous week, which was recorded at USD 15.17 per hundredweight.
Meanwhile, monthly unmilled rice prices have shown a downward trend over the past 30 days. The average price for August was USD 14.95 per hundredweight, down 5.43 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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