last release: April 2018
Supply & Demand
2016/17 | 2017/18 | ||
|---|---|---|---|
estimate | 1 Mar | 5 Apr | |
Production | 500.2 | 502.2 | 503.2 |
Supply | 667.6 | 670.8 | 672.1 |
Utilization | 497.5 | 503.6 | 503.0 |
Trade | 47.9 | 46.0 | 46.9 |
Ending Stocks | 168.9 | 170.4 | 171.3 |
in million tonnes | |||
- Rice production upgraded, as improved prospects for India more than outweigh cuts mainly for Indonesia and Tanzania.
- Utilization in 2017/18 trimmed, but still pointing to a 1.1 percent food-driven expansion.
- Trade in 2018 raised somewhat, mostly reflecting higher than previously anticipated imports by Bangladesh and Indonesia.
- Stocks (ending in 2018) now put 1.4 percent above their opening levels, but aggregate stocks in the major exporters still seen contracting.