FAO/GIEWS - Food Outlook No.1 - February 2000 p. 10

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 . )
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
1999		253	192	333	114		115	110	1992/93		103	97
1999	January	307	230	395	125		126	123	1993/94		127	93
	September	235	187	316	112		114	107	1994/95		153	94
	October	220	170	308	107		109	100	1995/96		140	128
	November	233	169	297	107		108	102	1996/97		134	133
	December	240	153	283	105		107	99	1997/98	Oct.-Mar	150	130
2000	January I	243	153	269	106		107	100		Apr.-Sep	157	103
	II	243	168	269					1998/99	Oct.-Mar.	141	90
	III	243	161	275						Apr.-Sep.	109	74
	IV	245	154	275					1999/00	Oct.-Dec.	102	86

SOURCES: FAO for indices. Rice prices: International rice brokers and trading companies.
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.