PRODUCTS & SOLUTIONS
Platts Rice
Overview
It is a competitive market: whatever your involvement in the rice industry, this commodity market is characterized by international competition and significant exposure to price and counterparty risk. There are many uncontrollable factors that can threaten the continuity of your supply or create demand shocks to which you must react. Mitigating exposure to these risks is a growing priority for the rice trade.
S&P Global Commodity Insights is the global provider of information on the rice industry and the leading source of benchmark price assessments for rice. By providing accurate information and robust price assessments, we assist market participants in making sound business and trading decisions and enable the world's rice markets to operate with greater transparency and efficiency. We give the rice market critical tools to better manage their exposure to risk.
Our Rice Business Service provides you with the latest rice market news as it happens. Coverage includes Daily Price Assessments and the supporting Rice Daily Report, Rice Weekly Report, and the Japonica Rice Market Report.
We also cover multiple grades and varieties, such as Basmati, White, Fragrant, Glutinous, and Parboiled Rice.
Key Benefits
Rice Daily Report
A concise report of market activity and daily price and volatility assessments for 35 rice varieties, in addition to seven derivative assessments.
Rice Weekly Report
The flagship report, provides an in-depth look at all facets of the rice industry, including tender updates, price assessments, and volatility measures, for 70+ varieties of rice.
Japonica Rice Market Report
Provides enhanced coverage of one of the most important niche markets in the rice industry, including interviews with key participants and features on -specific aspects of the market.
Profitable Deals
Leverage the most profitable timely deals through effective negotiations
Market Analysis
Optimize procurement and hedging strategies through successful analysis of market movements
Matching Downstream Demand
Ensure the right specification and volume are available to match downstream demands
Insights & Analysis
Gain new perspectives on the rice markets through our in-depth insights and analysis
Stay Competitive
Benchmark yourself and get ahead of the competition
Product Features
35 Daily assessments, 80 weekly assessments across 13 origins
Up-to-date pricing and market intelligence, breaking market news, commentaries, tender news, awards, and heards in the market
Prices indicative of actual trades
Extensive price history (back to 2011)
Our coverage includes all major exporting origins, such as Pakistan, Myanmar, Thailand, India, Vietnam, USA, Uruguay, Argentina, Brazil, Italy, Australia, China, and Turkey. We also cover multiple grades and varieties, such as Basmati, White, Fragrant, Glutinous, Parboiled rice
Our rice prices are used in negotiations, physical contracts, and OTC contracts for hedging
Key Price Assessments Include
- Thai Long Grain White Rice 5% Broken
- Thai Long Grain Parboiled Rice 100% STX
- Thai Hom Mali 100% Grade B
- Thai Long Grain Glutinous Rice 10% Broken
- Vietnamese Long Grain White Rice 5% Broken
- Cambodian Phka Malis 5% broken STX
- US Californian Medium Grain Rice #1
- US #2, 4% Broken white rice
- Uruguayan 5% broken white rice
- Pakistan Long Grain White Rice 5% Broken
- Indian Long Grain White Rice 5% Broken
- Indian Parboiled 5% STX
- Italian Arborio 5% broken white rice
- Myanmar 5% broken white rice
Data & Distribution
Get the edge in today’s global markets with our Essential Intelligence® delivered through the providers and platforms which suit you.
API Solutions
Cloud
Data Feed
Desktop & Mobile
Why Choose Us?
Unparalleled Experience
For 100+ years, we've delivered Platts price assessments for physical and forward markets. Customers count on us for news, pricing, and analytics, ensuring transparent, efficient markets for confident decisions.
Benchmark Prices
With 250+ Platts benchmarks, we're the industry standard for pricing negotiations and contracts. Our proven credibility in market transparency spans established and emerging markets.
Robust Methodology
Our robust methodology guarantees data integrity with stringent quality controls, diverse sources, and adherence to strict guidelines and IOSCO principles. We openly publish methodologies and price assessments to foster trust.
Data Your Way
Gain access to our essential intelligence direct and from multiple providers – from the established to the cutting edge – all via multiple platforms that can give you a decisive edge in today's global markets.
Pricing Experts
Globally, our extensive pricing experts, dedicated to each commodity ensure that pricing and methodology accuracy and that reflect the nuances and complexities of the markets, offering invaluable insights to clients.
Independent Source
Platts offers an independent and unbiased view. Our commitment to impartiality ensures that our assessments and insights are trusted by market participants.
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