International Rice Price at Rp 5,422.1 per Kg (Wednesday, January 18, 2023)

International unmilled rice prices on Wednesday, January 18, 2023, were observed to have decreased compared to the previous day. Daily transactions for unmilled rice futures contracts for the next two months were traded at USD 17.89 per hundredweight. This is equivalent to Rp 5,422.1 per kg, calculated using Bank Indonesia's recorded exchange rate of Rp 15,154 per dollar.

Based on historical data from investing.com, Katadata Insight Center (KIC) calculations show that the average unmilled rice price over the last week was USD 17.83 per hundredweight. This average price increased compared to the previous week, which was recorded at USD 17.72 per hundredweight.

Meanwhile, monthly unmilled rice prices showed an upward trend over the past 30 days. The average unmilled rice price for January was recorded at USD 17.74 per hundredweight, a 2.25 percent increase compared to the previous month's price of USD 17.35 per hundredweight. The highest average monthly unmilled rice price in the last 12 months was recorded in January 2023.