FAO/GIEWS - Food Outlook No.3 - June 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
broken
2/
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
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
1998 - May
331
197
424
128
130
123
1992/93
103
97
1999 - January
307
230
395
125
126
123
1993/94
127
93
Febtuary
281
209
377
120
121
116
1994/95
153
94
March
262
198
360
116
117
110
1995/96
140
128
April
238
184
356
112
113
106
1996/97 - Oct.-Mar.
135
134
May I
243
180
346
)
    
- Apr.-Sep.
133
132
II
248
182
335
) 113
115
109
1997/98 - Oct.-Mar.
150
130
III
258
187
330
)
    
- Apr.-Sep.
157
103
IV
258
191
324
)
    
1998/99 - Oct.-Mar.
140
90

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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