FAO/GIEWS - Food Outlook No.4 - September 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 1989/90 93 97
1996 352 234 430 136 136 136 1990/91 97 100
1997 316 214 439 127 129 120 1991/92 103 104
1998 315 215 413 127 128 126 1992/93 103 97
1998 - August 314 230 392 132 132 133 1993/94 128 93
1999 - April 238 184 356 112 114 106 1994/95 154 94
May 252 185 334 113 115 109 1995/96 140 128
June 259 201 332 115 115 114 1996/97 - Oct.-Mar. 136 134
July 257 209 323 114 114 115 - Apr.-Sep. 134 132
August I 255 210 308 )      1997/98 - Oct.-Mar. 151 130
II
256 210 319 )   114 114 114 - Apr.-Sep. 159 103
III
246 203 330 )       1998/99 - Oct.-Mar. 142 90
IV
239 194 330 )       - Apr.-July 114 72

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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