last release: May 2017
Supply & Demand
2016/17 | 2017/18 forecast | ||
|---|---|---|---|
estimate | 6 Apr | 4 May | |
Production | 499.2 | 504.0 | 503.8 |
Supply | 670.5 | 675.2 | 675.0 |
Utilization | 500.3 | 506.5 | 506.5 |
Trade | 43.2 | 44.2 | 44.1 |
Ending Stocks | 171.2 | 170.8 | 170.6 |
in million tonnes | |||
- Rice production forecast for 2017 little changed from last month, with Brazil, China, India and Indonesia expected to drive a 0.9 percent global production expansion.
- Utilization to grow by 1.2 percent in 2017/18, with per capita intake holding steady.
- Trade forecasts for 2017 and 2018 downscaled slightly, but renewed demand from Asia and Africa still anticipated to sustain expansions in both years.
- Stocks (ending in 2018) trimmed, mostly on downward adjustments to inventories in Bangladesh and the US.