last release: July 2019
Supply & Demand
2018/19 | 2019/20 | ||
|---|---|---|---|
estimate | 6 Jun | 4 Jul | |
Production | 517.8 | 516.7 | 516.3 |
Supply | 690.9 | 697.3 | 696.9 |
Utilization | 511.3 | 518.2 | 518.3 |
Trade | 46.9 | 48.8 | 48.9 |
Ending Stocks | 180.6 | 179.1 | 178.6 |
in million tonnes | |||
- Rice production in 2019 lowered fractionally, as reduced expectations, mainly for the US, are partly compensated by improved prospects for Egypt and several other countries.
- Utilization in 2019/20 still expected to expand by 1.4 percent supported by greater food intake.
- Trade is contracting by 3.1 percent in 2019 before rebounding to an all-time high in 2020.
- Stocks (2019/20 carry-outs) trimmed, primarily reflecting lower expected inventories in the Philippines and the US.