International Unmilled Rice Price: Rp 4,967.8 per Kg (Tuesday, October 17, 2023)

Unchanged from the previous day, international unhusked rice prices on Tuesday, October 17, 2023, remained stable. Daily transactions for two-month-ahead contracts were traded at USD 15.8 per hundredweight. This is equivalent to Rp 4,967.8 per kg, calculated using Bank Indonesia's recorded exchange rate of Rp 15,716 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 15.87 per hundredweight. This average price is higher than the previous week's USD 15.85 per hundredweight.

Meanwhile, monthly unhusked rice prices have shown a downward trend over the past 30 days. The average price for October is USD 15.86 per hundredweight, down 1.9 percent compared to the previous month's USD 16.17 per hundredweight. The highest average monthly unhusked rice price in the past 12 months was recorded in June 2023.