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International Rice Price at Rp 5,420.4 per Kg (Tuesday, January 17, 2023)

Agus Dwi Darmawan 17/01/2023 13:41 WIB

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International Rice Price at Rp 5,420.4 per Kg (Tuesday, January 17, 2023)

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Rice Prices Over the Past Three Months

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International rice prices on Tuesday, January 17, 2023, were observed to have decreased compared to the previous day. Daily transactions for two-month forward rice contracts were traded at USD 18.045 per hundredweight. This is equivalent to Rp 5,420.4 per kg, calculated using the Bank Indonesia exchange rate of Rp 15,019 per dollar.

Based on historical data from investing.com, the Katadata Insight Center (KIC) calculation shows that the average rice price for the last week was USD 17.81 per hundredweight. This average price increased compared to the previous week, which was recorded at USD 17.73 per hundredweight.

Meanwhile, monthly rice prices showed an upward trend over the past 30 days. The average rice price for January was recorded at USD 17.74 per hundredweight, a 2.23 percent increase compared to the previous month's price of USD 17.35 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."

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International Rice Price at Rp 5,420.4 per Kg (Tuesday, January 17, 2023)

International Rice Price at Rp 5,420.4 per Kg (Tuesday, January 17, 2023)

International Rice Price at Rp 5,420.4 per Kg (Tuesday, January 17, 2023)

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International Rice Price at Rp 5,420.4 per Kg (Tuesday, January 17, 2023)

International Rice Price at Rp 5,420.4 per Kg (Tuesday, January 17, 2023)

International Rice Price at Rp 5,420.4 per Kg (Tuesday, January 17, 2023)

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