Agriculture, Rice
March 17, 2025
Platts proposes to discontinue five APAC rice price assessments from July 1, 2025
Platts, part of S&P Global Commodity Insights, proposes to discontinue five rice price assessments across its APAC coverage, effective July 1, 2025.
This proposal follows a period of sustained trading inactivity for the products and regions covered by the assessments concerned.
Platts proposes to discontinue the following price assessments:
| Assessment | Symbol | Frequency | Fixed Pages | Publications |
| India Pusa Steam Basmati 2% broken FOB FCL | LRCJS00 | Weekly | PA2412; PA3003 | Rice Weekly |
| LRCJS03 | Monthly Average | PA3009 | NA | |
| India Pusa Brown Basmati Rice 2% FOB FCL | LRCKG00 | Weekly | PA2412; PA3003 | Rice Weekly |
| LRCKG03 | Monthly Average | PA3009 | NA | |
| India Pusa Parboiled Milled Basmati Rice 2% FOB FCL | LRCLG00 | Weekly | PA2412; PA3003 | Rice Weekly |
| LRCLG03 | Monthly Average | PA3009 | NA | |
| Pakistan Long Grain Parboiled Milled Rice 5% Broken STX FOB | LRDGG00 | Daily | PA2401; PA3000; PA3003 | Rice Daily, Rice Weekly |
| LRDGG03 | Monthly Average | PA3009 | NA | |
| Pakistan Long Grain White Rice 386 2% Broken FOB FCL | LRDEC00 | Weekly | PA3003 | Rice Weekly |
| LRDEC03 | Monthly Average | PA3009 | NA |
In addition, Platts would discontinue volatility estimates associated with these assessments, as follows:
| Assessment | Volatility Symbol |
| India Pusa Brown Basmati Rice 2% FOB FCL | RVCKG00 |
| India Pusa Parboiled Milled Basmati Rice 2% FOB FCL | RVCLG00 |
| Pakistan Long Grain Parboiled Milled Rice 5% Broken STX FOB | RVDGG00 |
| Pakistan Long Grain White Rice 386 2% Broken FOB FCL | RVDEC00 |
There is no volatility symbol associated with the price assessment for India Pusa Steam Basmati 2% broken FOB FCL.
The aforementioned price assessments also appear in Platts Connect.
The last dates of publication of the weekly and daily assessments would be June 27, 2025, and June 30, 2025, respectively.
Please send any feedback or questions to MRTS_AgricultureandFood@spglobal.com and pricegroup@spglobal.com by March 31, 2025.
For written comments, please provide a clear indication if comments are not intended for publication by Platts for public viewing. Platts will consider all comments received and will make comments not marked as confidential available to the public upon request.