FAO/GIEWS - Food Outlook No.5, November 1998 - Appendix tables

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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%
Thai
broken
U.S. Long grain

Total

Quality

Marketing
years

Edible/
soap fats
and oils

Oilcakes
and
meals


B 2/ 3/

High

Low




January/December

( US$/tonne ) ( 1982-84=100 )

Oct./Sept.

(1990-92=100 )
1994 289 186 379 114 118 104 1988/89 102 118
1995 336 268 361 129 124 146 1989/90 93 97
1996 352 210 414 136 136 136 1990/91 97 100
1997 316 214 439 127 129 120 1991/92 103 104
1997 - October 278 198 429 121 123 114 1992/93 103 97
1998 - June 337 202 428 130 132 123 1993/94 127 93
July 340 216 410 132 134 128 1994/95 153 94
August 334 230 392 132 132 133 1995/96 - Oct.-Mar. 141 126
September 335 247 396 132 131 136 - Apr.-Sep. 138 130
October I 322 245 401 )

1996/97 - Oct.-Mar. 135 134
II 310 255 407 ) 131 129 137 - Apr.-Sep. 133 132
III 306 257 407 )

1997/98 - Oct.-Mar. 150 130
IV 300 258 396 )

- Apr.-Sep. 158 103

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 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.. 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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