11:55 - 4.07.2025
July 4, Fineko/abc.az. Global rice prices are $12.6134 per 100 pounds.
ABC.AZ informs that according to data as of July 4, 2025, in simple calculations, this means that a 45-kg bag of rice costs $12,6134. And that's around $0.280 per 1 kg, or nearly 28 cents. In terms of manats, this is close to 48-49 gapiks per kg. The price decreased only by 0.01% against the previous day. While the short-term changes are noticeably weaker, prices are consistently and strongly declining over a broader time frame.
Over the last one week, rice prices have fallen by 3.27%, and over the last one month, this decrease has reached 6.53%. Since the beginning of the year, prices have decreased by 10.06%. And the sharpest change is in the annual comparison: rice prices have lost 25.52% in the last one year. This dynamic relates to weakening market demand, seasonal fluctuations, and supply imbalances.
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