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S&P Global Platts is expanding its agricultural commodity tracking business in India after acquiring the Live Rice Index earlier this year. The unit now employs over 50 people in rice pricing, news and analytics, with a dedicated agriculture team in Gurugram.
The expansion mainly affects price reporting coverage and benchmark assessments for rice, with no direct supply or demand impact.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.