International Unmilled Rice Price at Rp 4,744.1 per Kg (Thursday, July 27, 2023)

International unmilled rice prices on Thursday, July 27, 2023, showed a decline compared to the previous day. Daily transactions for the two-month-ahead contract were traded at USD 15.78 per hundredweight. This is equivalent to Rp 4,744.1 per kg, calculated using the Bank Indonesia exchange rate of Rp 15,032 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 15.88 per hundredweight. This average price is down compared to the previous week, which was recorded at USD 17.86 per hundredweight.

Meanwhile, monthly unmilled rice prices have shown a downward trend over the past 30 days. The average price for July was USD 17.09 per hundredweight, a 4.89 percent decrease compared to the previous month's price of USD 17.97 per hundredweight. The highest average monthly unmilled rice price in the last 12 months was recorded in June 2023.