FAO/GIEWS - Food Outlook No.3 - June 2000 p. 10

Table A.7 - WORLD PRICES AND PRICE INDICES FOR RICE AND OILCROP PRODUCTS

	RICE						OILCROP PRODUCTS
	Export prices			FAO Indices			FAO Indices
	Thai 1/ 100% B	Thai broken 2/	U.S. Long grain 3/	Total	Quality		Marketing years	Edible/ soap fats and oils	Oilcakes and Meals
	Thai 1/ 100% B	Thai broken 2/	U.S. Long grain 3/	Total	High	Low	Marketing years	Edible/ soap fats and oils	Oilcakes and Meals
January/December	( . . US$/tonne . )			( . 1982-84=100 . )			Oct./Sept.	( . 1990-92=100 . )
1996	352	234	430	136	136	136	1989/90	93	97
1997	316	214	439	127	129	120	1990/91	97	100
1998	315	215	413	127	128	126	1991/92	103	104
1999	253	192	333	114	115	110	1992/93	103	97
1999 - May	252	185	334	113	115	109	1993/94	127	93
2000 - January	244	159	272	106	107	100	1994/95	153	94
February	250	156	275	106	108	98	1995/96	140	128
March	232	151	271	102	105	93	1996/97	134	133
April	216	147	258	100	103	89	1997/98 - Oct.-Mar.	150	130
May I	205	148	258	)			- Apr.-Sep.	157	103
II	214	143	258	)			1998/99 - Oct.-Mar.	141	90
III	213	142	258	) 98	101	86	- Apr.-Sep.	109	74
IV	208	139	253	)			1999/00 - Oct.-Mar.	93	87

SOURCES: FAO for indices. Rice prices: International rice brokers and trading companies.

Note: The FAO Indices are calculated using the Laspeyres formula. The rice export price indices are calculated for 15 export prices. In this table two groups representing "High" and "Low" quality rice are shown. The price indices for oilcrop products are calculated for international prices of ten selected oils and fats and seven selected cakes and meals. The weights used are the average export values of each commodity for the 1990-92 period.

1/ White rice, 100% second grade, f.o.b. Bangkok, indicative traded prices. 2/ A1 super, f.o.b. Bangkok, indicative traded prices 3/ U.S.No.2, 4% brokens f.a.s.