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AMIS Market Monitor

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.