International Rice Price at Rp 6027.2 per Kg (Monday, May 13, 2024)

International unmilled rice prices on Monday, May 13, 2024, fell compared to the previous day. Daily transactions for the two-month-ahead contract were traded at USD 18.725 per hundredweight. This is equivalent to Rp 6,027.2 per kg, calculated using the Bank Indonesia exchange rate of Rp 16,094 per dollar.

Katadata Insight Center (KIC) calculations from historical data available on investing.com show that the average unmilled rice price over the last week was USD 18.68 per hundredweight. This average price is down compared to the previous week, which was recorded at USD 18.89 per hundredweight.

Meanwhile, on a monthly basis, unmilled rice prices have shown an upward trend over the past 30 days. The average unmilled rice price for May is recorded at USD 18.65 per hundredweight, up 4.69 percent compared to the previous month, which was at USD 17.82 per hundredweight. The highest average monthly unmilled rice price in the last 12 months was recorded in May 2024.