Platts changes process for crop transitions in rice assessments April 15

Platts, part of S&P Global Commodity Insights, has changed the process for assessing prices during crop transitions across its global rice coverage, effective April 15.

Platts initially proposed this change on Feb. 27 in a subscriber note available at: Platts proposes to change process for crop transitions in rice assessments April 15 | S&P Global Commodity Insights (spglobal.com)

Following market feedback, Platts confirmed the changes in a subscriber note published on March 12: Platts to change process for crop transitions in rice assessments April 15 | S&P Global Commodity Insights (spglobal.com)

Under the change, Platts price assessments will consistently reflect the current rice crop.

Platts defines the current crop as the most recently harvested crop available for loading, to meet the shipment period covered by the assessment window.

Please send any questions and comments to MRTS_AgricultureandFood@spglobal.com and pricegroup@spglobal.com.

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 upon request.