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International Rice Price at Rp 5,379.3 per Kg (Thursday, May 11, 2023)

Agus Dwi Darmawan 11/05/2023 14:00 WIB

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International Rice Price at Rp 5,379.3 per Kg (Thursday, May 11, 2023)

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Rice Prices Over the Past Three Months

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International unmilled rice prices on Thursday, May 11, 2023, showed a decline compared to the previous day. Daily transactions for the two-month-ahead contract were traded at USD 18.24 per hundredweight. This is equivalent to Rp 5,379.3 per kg, calculated using the Bank Indonesia exchange rate of Rp 14,746 per dollar.

Based on historical data from investing.com, the Katadata Insight Center (KIC) calculated the average unmilled rice price for the last week at USD 18.06 per hundredweight. This average price is higher than the previous week's USD 17.17 per hundredweight.

Meanwhile, monthly unmilled rice prices have shown an upward trend over the past 30 days. The average price for May is recorded at USD 17.95 per hundredweight, a 5.52 percent increase compared to the previous month's USD 17.02 per hundredweight. The highest average monthly unmilled rice price in the last 12 months was recorded in May 2023.

"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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International Rice Price at Rp 5,379.3 per Kg (Thursday, May 11, 2023)

International Rice Price at Rp 5,379.3 per Kg (Thursday, May 11, 2023)

International Rice Price at Rp 5,379.3 per Kg (Thursday, May 11, 2023)

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International Rice Price at Rp 5,379.3 per Kg (Thursday, May 11, 2023)

International Rice Price at Rp 5,379.3 per Kg (Thursday, May 11, 2023)

International Rice Price at Rp 5,379.3 per Kg (Thursday, May 11, 2023)

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