International Unmilled Rice Price at Rp 5,046.7 per Kg (Friday, March 10, 2023)

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Agus Dwi Darmawan 10/03/2023 13:39 WIB

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The average paddy price in March was recorded at USD 16.58 per hundredweight, down 5.28 percent compared to the previous month, which was at USD 17.51 per hundredweight.

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International Unmilled Rice Price at Rp 5,046.7 per Kg (Friday, March 10, 2023)

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Rice Prices Over the Past Three Months

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International unmilled rice prices on Friday, March 10, 2023, showed an increase compared to the previous day. Daily transactions for unmilled rice futures contracts for the next two months were traded at USD 16.34 per hundredweight. This is equivalent to Rp 5,046.7 per kg, calculated using the Bank Indonesia exchange rate of Rp 15,438 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 16.5 per hundredweight. This average price is lower than the previous week's USD 17 per hundredweight.

Meanwhile, monthly unmilled rice prices have shown a downward trend over the past 30 days. The average price for March was USD 16.58 per hundredweight, a 5.28 percent decrease compared to the previous month's USD 17.51 per hundredweight. The highest average monthly unmilled rice price in the last 12 months was recorded in January 2023.

"Disclosure: This is an AI-generated translation of the original article. We strive for accuracy, but please note that automated translations may contain errors or slight inconsistencies."