Platts proposes to discontinue various parboiled and white rice assessments

S&P Global Platts is proposing to discontinue the following daily and weekly parboiled and white rice assessments, and their related volatility assessments, effective August 23, 2021.

Thai 10% broken white rice: LRACA00: RVACA00

Thai 15% broken white rice: LRADD00: RVADD00

Thai Parboiled 100%: LRAHC00: RVAHC00

Thai Parboiled 5%: LRAJB00: RVAJB00

Vietnamese 10% broken white rice: LRBAB00: RVBAB00

Vietnamese 15% broken white rice: LRBCD00: RVBCD00

Pakistani 10% broken white rice: LRDBA00: RVDBA00

Pakistani 15% broken white rice: LRDCD00: RVDCD00

Pakistani Parboiled 15% STX: LRDHG00; RVHG00

US #3, 15% broken white rice: LRICD00; RVICD00

US #5, 20% broken white rice: LRIDF00; RVIDF00

Trade of these grades is limited, and Platts understands that their value is typically understood by reference to more liquid rice grades.

For example, Platts daily assessment of Thai Parboiled 100% STX, which will continue to be assessed, is used by many market participants as a basis to derive representative prices for both Thai Parboiled 100% and Thai Parboiled 5%.

These assessments are published on Platts Agricultural Alert page PAA0602, PAA2400, PAA2401, PAA2404, PAA2414, PAA3000, PAA3003 and PAA3005.

Please send all comments, feedback and questions to ags@spglobal.com and pricegroup@spglobal.com by June 10, 2021.

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.