last release: Sep 2017
Supply & Demand
2016/17 | 2017/18 forecast | ||
|---|---|---|---|
estimate | 6 July | 7 Sep | |
Production | 501.0 | 502.9 | 503.4 |
Supply | 671.8 | 673.6 | 674.1 |
Utilization | 499.9 | 505.6 | 506.5 |
Trade | 44.5 | 44.4 | 44.8 |
Ending Stocks | 170.8 | 171.0 | 171.2 |
in million tonnes | |||
- Rice 2017 production upgraded somewhat, but still pointing to a modest expansion from the 2016 all-time high.
- Utilization in 2017/18 scaled up mostly on account of India and Thailand, which more than outweighed a reduction to China’s forecast.
- Trade in 2018 forecast to remain brisk, with exports by Cambodia and China upgraded the most.
- Stocks in 2018 little varied y/y, as accumulations in rice importing countries compensate for drawdowns in the major exporters.