last release: December 2020
Supply & Demand
2019/20 | 2020/21 | ||
|---|---|---|---|
estimate | 5 Nov | 3 Dec | |
Production | 500.7 | 508.7 | 508.4 |
Supply | 685.8 | 691.1 | 690.2 |
Utilization | 502.7 | 510.3 | 510.3 |
Trade | 44.5 | 47.2 | 47.6 |
Ending Stocks | 181.8 | 182.0 | 181.0 |
in million tonnes | |||
- Rice production in 2020 marginally lower m/m on reduced prospects for Bangladesh and Viet Nam.
- Utilization in 2020/21 still anticipated to rise by 1.5 percent; overall a food intake expansion to an all-time record is set to drive the season’s growth.
- Trade in 2021 (January-December) raised slightly m/m, as an upward correction to exports from India outweighs downgrades to projected shipments by China, Thailand and Viet Nam.
- Stocks (2020/21 carry-out) downscaled, namely on less buoyant expectations for reserves held by India, the Philippines and Viet Nam; but stock forecasts were raised for China and Thailand.