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International Rice Price at Rp 5,393.2 per Kg (Tuesday, May 9, 2023)

Agus Dwi Darmawan 09/05/2023 14:00 WIB

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International Rice Price at Rp 5,393.2 per Kg (Tuesday, May 9, 2023)

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Rice Prices Over the Past Three Months

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International rice prices on Tuesday, May 9, 2023, were observed to have decreased compared to the previous day. Daily transactions for two-month-ahead rice contracts were traded at USD 18.33 per hundredweight. This is equivalent to Rp 5,393.2 per kg, calculated using the Bank Indonesia exchange rate of Rp 14,709 per dollar.

Based on historical data from investing.com, the Katadata Insight Center (KIC) calculation shows that the average rice price over the last week was USD 17.92 per hundredweight. This average price is higher than the previous week's USD 16.96 per hundredweight.

Meanwhile, monthly rice prices have shown an upward trend over the past 30 days. The average rice price for May is recorded at USD 17.92 per hundredweight, a 5.3 percent increase compared to the previous month's USD 17.02 per hundredweight. The highest average monthly 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 5,393.2 per Kg (Tuesday, May 9, 2023)

International Rice Price at Rp 5,393.2 per Kg (Tuesday, May 9, 2023)

International Rice Price at Rp 5,393.2 per Kg (Tuesday, May 9, 2023)

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International Rice Price at Rp 5,393.2 per Kg (Tuesday, May 9, 2023)

International Rice Price at Rp 5,393.2 per Kg (Tuesday, May 9, 2023)

International Rice Price at Rp 5,393.2 per Kg (Tuesday, May 9, 2023)

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