International Rice Price at Rp 5750.1 per Kg (Friday, February 16, 2024)

International unhusked rice prices on Friday, February 16, 2024, were observed to have decreased compared to the previous day. Daily transactions for unhusked rice futures contracts for the next two months were traded at USD 18.33 per hundredweight. This is equivalent to Rp 5,750.1 per kg, calculated using the Bank Indonesia exchange rate of Rp 15,685 per dollar.

Katadata Insight Center (KIC) calculations from historical data available on investing.com show that the average unhusked rice price over the last week was USD 18.59 per hundredweight. This average price increased compared to the previous week, which was recorded at USD 18.28 per hundredweight.

Meanwhile, the monthly price of unhusked rice has shown an upward trend over the past 30 days. The average unhusked rice price for February is recorded at USD 18.5 per hundredweight, a 5.63 percent increase compared to the previous month, which was at USD 17.52 per hundredweight. The highest 12-month average monthly unhusked rice price was recorded in February 2024.