International Rice Price at Rp 5429.6 per Kg (Monday, January 8, 2024)

International unhusked rice prices on Monday, January 8, 2024, increased compared to the previous day. Daily transactions for unhusked rice futures contracts for the next two months were traded at USD 17.49 million. Converted to Indonesian Rupiah (IDR), this is equivalent to Rp 5,429.6 per kg. This price is calculated based on the exchange rate recorded by Bank Indonesia, which is Rp 15,522 per US dollar.

Katadata Insight Center (KIC) calculations from historical data available on investing.com show that the average unhusked rice price for the last week was USD 17.24 million. This average price decreased compared to the previous week, which was recorded at USD 17.33 million.

Meanwhile, the monthly unhusked rice price shows an upward trend over the past 30 days. The average unhusked rice price for January is recorded at USD 17.24 million, up 0.59 percent compared to the previous month, which was at USD 17.14 million. The highest average monthly unhusked rice price in the last 12 months was recorded in June 2023.