Food Outlook No.3 - July 2002 p.21

Table A.7 - WORLD PRICES AND PRICE INDICES FOR RICE AND OILCROP PRODUCTS

	RICE						OILCROP PRODUCTS
	Export prices			FAO Indices			FAO Indices
	Thai 100%B	Thai broken	U.S. Long grain	Total	Quality		Marketing years	Edible/ soap fats and oils	Oilcakes and Meals
	1/	2/	3/		High	Low
January/December	( . . . . US$/tonne . . . )			( . . . 1982-84=100 . . . )			Oct./Sept.	( . . . 1990-92=100 . . . )
1997	316	214	439	127	129	120	1992/93	103	104
1998	315	215	413	127	128	126	1993/94	103	97
1999	253	192	333	114	115	110	1994/95	127	93
2000	207	143	271	98	101	89	1995/96	153	94
2001	178	136	264	90	91	84	1996/97	140	128
2001 – June	175	133	282	88	91	81	1997/98	135	133
2002 – March	195	149	202	89	89	89	1998/99	155	116
April	197	149	199	89	88	91	1999/00 - Oct.-Mar.	127	82
May	204	149	201	90	89	93	- Apr.-Sep.	100	87
2002 – June I	205	147	202	)			2000/01 - Oct.-Mar.	86	90
II	212	152	202	)			- Apr.-Sep.	77	98
III	211	153	202	) 90	89	93	2001/02 - Oct.-Mar.	87	94
IV	212	155	202	)			- Apr.-June	101	103

Sources: Rice Indices: FAO ; 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.