International Rice Price: Rp 5,888.1 per Kg (Friday, June 7, 2024)

International unmilled rice prices on Friday, June 7, 2024, fell compared to the previous day. Daily transactions for two-month-ahead contracts were traded at USD 18.153 per hundredweight. This is equivalent to Rp 5,888.1 per kg, calculated using the Bank Indonesia exchange rate of Rp 16,218 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 17.77 per hundredweight. This average price is down compared to the previous week, which was recorded at USD 18.42 per hundredweight.

Meanwhile, monthly unmilled rice prices have shown a downward trend over the past 30 days. The average price for June is recorded at USD 17.78 per hundredweight, down 4.05 percent compared to the previous month, which was at USD 18.53 per hundredweight. The highest average monthly unmilled rice price in the last 12 months was recorded in May 2024.