International Rice Price at Rp 5,020 per Kg (Thursday, April 6, 2023)

Agus Dwi Darmawan 06/04/2023 13:47 WIB

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International Rice Price at Rp 5,020 per Kg (Thursday, April 6, 2023)

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Rice Prices Over the Past Three Months

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International rice prices on Thursday, April 6, 2023, showed a decline compared to the previous day. Daily transactions for two-month forward rice contracts were traded at USD 16.8 per hundredweight. This is equivalent to approximately Rp 5,020 per kg, calculated using Bank Indonesia's exchange rate of Rp 14,933 per dollar.

Based on historical data from investing.com, Katadata Insight Center (KIC) calculations show that the average rice price over the last week was USD 17.18 per hundredweight. This average price is lower than the previous week's USD 17.55 per hundredweight.

Meanwhile, monthly rice prices have shown an upward trend over the past 30 days. The average rice price for April is recorded at USD 16.88 per hundredweight, down 1.17 percent compared to the previous month's USD 17.08 per hundredweight. The highest average monthly 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."