International Unmilled Rice Price: Rp 5,007.8 per Kg (Tuesday, November 7, 2023)

International paddy rice prices on Tuesday, November 7, 2023, fell compared to the previous day. Daily transactions for the two-month-ahead contract were traded at USD 16.058 per hundredweight. This is equivalent to Rp 5,007.8 per kg, calculated using Bank Indonesia's recorded exchange rate of Rp 15,593 per dollar.

Based on historical data from investing.com, Katadata Insight Center (KIC) calculations show that the average paddy rice price over the last week was USD 16.16 per hundredweight. This average price is higher than the previous week's USD 16.06 per hundredweight.

Meanwhile, monthly paddy rice prices have shown an upward trend over the past 30 days. The average paddy rice price in November is recorded at USD 16.18 per hundredweight, a 1.49 percent increase compared to the previous month's USD 15.94 per hundredweight. The highest average monthly paddy rice price in the last 12 months was recorded in June 2023.