FAO/GIEWS - Food Outlook No.5 - November 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%
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 . )
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 - October
305
253
404
129
127
137
1993/94
127
93
1999 - May
252
185
334
113
115
109
1994/95
153
94
June
259
201
332
115
115
114
1995/96
140
128
July
257
209
323
116
116
115
1996/97 - Oct.-Mar.
135
134
August
249
204
322
116
116
114
- Apr.-Sep.
133
132
September
235
187
316
112
114
107
1997/98 - Oct.-Mar.
150
130
October I
213
166
308
)
- Apr.-Sep.
157
103
II
216
166
308
) 109
112
99
1998/99 - Oct.-Mar.
141
90
III
224
173
308
)
- Apr.-Sep.
109
74

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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