Agriculture, Rice

September 30, 2024

Platts to restart publication of India white rice non-basmati price assessments

Following the Indian government's removal of the ban on non-basmati white rice exports, Platts, part of S&P Global Commodity Insights, will now resume the publication of certain price assessments, effective Sept. 30.

Platts suspended three Indian white rice price assessments on July 21, 2023, after the ban was announced on July 20.

Platts will now resume the publication of the below assessments:

  • Indian 5% broken white rice - LRCAB00
  • Indian 25% broken white rice - LRCBE00
  • Indian Swarna 5% broken white rice - LRCDB00

As a result, Platts will also resume the publication of the related volatility calculations and monthly averages published under these symbols: RVCAB00, RVCBE00, RVCDB00, LRCBE03, LRCAB03, LRCDB03.

These price assessments appear in Rice Daily and Rice Weekly, with fixed pages: PA2401, PA2412, PA3000 and PA3003.

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.