01 Jul 2024 | 05:30 UTC

Platts changes Thai rice assessment timestamp, July 1

Platts, part of S&P Global Commodity Insights, has changed the timestamp for its Thailand FOB Rice assessments from 11:30 am London time to 16:30 Indian Standard time, effective July 1, 2024.

This change is intended to better capture the concentration of trading activity in the Thai rice markets and affects both daily and weekly assessments.

Assessments affected by this change are as follows:

Thailand

Long Grain White Rice
100% Grade B LRAAC00
5% Broken LRABB00
25% Broken LRAEE00
A1 Super 100% Broken LRAFC00
Long Grain Fragrant Rice
Hom Mali 100% Grade B LRAKA00
Hom Mali A1 Super 100% Broken LRALA00
Pathumthani 100% Grade B LRAMC00
Long Grain Parboiled Milled Rice
Milled 100% STX LRAGC00
Milled Rice 5% STX LRAIB00
Long Grain Glutinous Rice
White Glutinous 10% Broken LRANC00

As of July 1, bids, offers, trades, and indicative values will only be considered for the assessment if they are received before the 16:30 Indian Standard Time cutoff. In addition, the assessments follow Platts' India publication calendar, available here: https://www.spglobal.com/commodityinsights/en/our-methodology/holiday.

Please send all comments, feedback and questions 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.