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AMIS Market Monitor

last release: Feb 2018

Supply & Demand

2016/17

2017/18 

estimate

7 Dec

1 Feb

Production

500.7

500.8 

501.9 

Supply

667.8 

669.9 

670.3 

Utilization

497.7 

503.0 

503.7 

Trade

47.0 

46.2 

46.0 

Ending Stocks

168.4 

170.2 

170.0

in million tonnes

  • Rice 2017 production raised, mostly due to an upward revision in China, now pointing to a modest (0.2 percent) increase from last year.
  • Utilization in 2017/18 upgraded a little on higher expected food consumption in Bangladesh and China.
  • Trade in 2018 down 2 percent from the revised estimate for 2017; the forecast for 2018 remains nearly unchanged since December with lower sales by India, the US and Thailand more than outweighing higher exports by Myanmar.
  • Stocks (ending in 2018) to exceed the previous year’s level, largely on higher anticipated inventories in China.