last release: October 2018
Supply & Demand
2017/18 | 2018/19 | ||
|---|---|---|---|
estimate | 6 Sep | 4 Oct | |
Production | 506.3 | 511.8 | 513.0 |
Supply | 674.2 | 682.2 | 685.0 |
Utilization | 503.8 | 509.6 | 509.2 |
Trade | 48.4 | 47.3 | 47.7 |
Ending Stocks | 172.0 | 173.4 | 176.5 |
in million tonnes | |||
- Rice production in 2018 upgraded, as improved prospects for the US and especially India outweighed reductions for Mali, Pakistan and the Philippines.
- Utilization in 2018/19 still expected at an all-time record, despite a slight downward adjustment to non-food use forecasts.
- Trade in 2019 raised marginally, on higher anticipated imports by Brazil, the Philippines and Saudi Arabia.
- Stocks (ending in 2019) now seen expanding by 2.6 percent, mainly due to an upward revision to carryovers in India.