FAO/GIEWS - Food Outlook No.2 - April 1999 p. 10

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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% B		 Thai
broken2/		 U.S. Long grain 3/ Total Quality Marketing
years		 Edible/ soap fats and oils Oilcakes and
meals
High Low
January/December ( . US$/tonne . ) ( . 1982-84=100 . )
Oct./Sept.
 ( 1990-92=100 )
1995
336
268
371
129
124
146
1988/89
102
118
1996
352
210
430
136
136
136
1989/90
93
97
1997
316
214
439
127
129
126
1990/91
97
100
1998
315
215
413
127
128
126
1991/92
103
104
1998 - March
308
194
418
124
126
120
1992/93
103
97
November
278
233
408
124
122
128
1993/94
128
93
December
284
234
403
124
123
125
1994/95
154
94
1999 - January I
307
230
395
125
126
123
1995/96
140
128
Febtuary
281
209
377
120
121
116
1996/97 - Oct.-Mar.
136
134
March I
270
202
361
)
    
- Apr.-Sep.
134
132
II
265
198
361
) 116
118
110
1997/98 - Oct.-Mar.
151
130
III
257
195
361
 )    
- Apr.-Sep.
159
103
IV
254
195
357
 )    
1998/99 - Oct.-Dec.
155
98

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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