appendix tables

Table A.10 - WORLD PRICES AND PRICE INDICES FOR RICE AND FATS AND OILS

RICE
FATS AND OILS
Export prices
FAO Indices
Import prices
FAO Indices
Thai 1/
100%
B
Thai
broken
2/
U.S.
Long
grain 3/
Total
Quality
Soybean
oil 4/
Palm
oil 5/
Index
A6/
Index
B
6/
High Low
January/December ( . . . . U.S.$/ton . . . . . ) ( .982-84=100 .) ( . U.S.$/ton . .) (1984-87=100)
1992 278 180 340 110 112 103 430 394 89 85
1993 250 161 326 100 102 92 479 378 93 100
1994 289 186 379 114 118 104 616 530 120 129
1995 336 268 361 129 124 146 625 626 129 136
1995 - January 290 238 310 115 111 128 674 649 135 143
August 354 293 364 135 128 157 615 616 129 136
September 376 296 404 140 133 162 613 584 125 134
October 404 300 427 151 145 170 638 614 131 141
November 357 298 403 144 138 164 619 608 130 141
December 355 286 397 142 136 160 582 588 124 135
1996 - January 4 370 281 386 587 575 123 134
11 380 281 386 143 139 157 563 538 118 129
18 380 269 386 543 507 115 126

SOURCES: FAO for indices. Rice prices: International rice brokers and trading companies. Vegetable oils prices: Ista Miekle & Co. "Oil World Weekly".
Note: The FAO Indices are calculated using the Laspeyres formula. The Rice Export Price Index is calculated for 15 export prices. In this table two groups representing "High" and "Low" quality rice are shown. In the Vegetable Oils Price Indices, Index "A" measures overall changes in prices expressed in U.S. dollars and Index "B" measures changes in prices expressed in importers' currencies. The basic prices are also the same for the two indices, those for the U.S. dollar price indices being the original quotations expressed in U.S. dollars, whereas those for the index of prices expressed in importers currencies are the same U.S. dollar quotations converted on the basis of a composite rate of exchange representing the average of the exchange rates into U.S. dollars of the currencies of main importing countries weighted by volume of imports.
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.. 4/ Crude Dutch f.o.b. ex-mill. 5/ Indonesian origin f.f.a., c.i.f. north European ports. 6/ Edible/soap fats and oils.

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