International Rice Price at Rp 4758.2 per Kg (Wednesday, July 10, 2024)

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Agus Dwi Darmawan 11/07/2024 14:50 WIB

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The average paddy price in July was recorded at USD 15.95 per hundredweight, down 10.81 percent compared to the previous month, which was at USD 17.89 per hundredweight.

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International Rice Price at Rp 4758.2 per Kg (Wednesday, July 10, 2024)

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Rice Prices Over the Past Three Months

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International unmilled rice prices on Wednesday, July 10, 2024, fell compared to the previous day. Daily transactions for unmilled rice contracts two months forward were traded at USD 14.535 per hundredweight. This is equivalent to Rp 4,758.2 per kg, calculated using Bank Indonesia's recorded exchange rate of Rp 16,368 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 15.95 per hundredweight. This average price is down compared to the previous week, which was recorded at USD 17.83 per hundredweight.

Meanwhile, monthly unmilled rice prices have shown a downward trend over the past 30 days. The average unmilled rice price for July is recorded at USD 15.95 per hundredweight, down 10.81 percent compared to the previous month, which was at USD 17.89 per hundredweight. The highest average monthly unmilled rice price in the last 12 months was recorded in May 2024.

"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."