International Unmilled Rice Price at Rp 4,764.1 per Kg (Wednesday, July 26, 2023)

International unmilled rice prices on Wednesday, July 26, 2023, were observed to have decreased compared to the previous day. Daily transactions for the two-month-ahead contract were traded at USD 15.87 per hundredweight. This is equivalent to Rp 4,764.1 per kg, calculated using the Bank Indonesia exchange rate of Rp 15,007 per dollar.

Based on historical data from investing.com, the Katadata Insight Center (KIC) calculated the average unmilled rice price for the last week to be USD 15.85 per hundredweight. This average price is lower than the previous week's USD 18.3 per hundredweight.

Meanwhile, monthly unmilled rice prices have shown a downward trend over the past 30 days. The average price for July was USD 17.17 per hundredweight, a 4.48 percent decrease compared to the previous month's USD 17.97 per hundredweight. The highest average monthly unmilled rice price in the past 12 months was recorded in June 2023.