last release: June 2018
Supply & Demand
2017/18 | 2018/19 forecast | ||
|---|---|---|---|
estimate | 3 May | 7 Jun | |
Production | 504.6 | 510.6 | 511.3 |
Supply | 673.7 | 681.9 | 682.6 |
Utilization | 504.1 | 509.1 | 509.3 |
Trade | 47.8 | 47.2 | 47.3 |
Ending Stocks | 171.3 | 172.9 | 173.8 |
in million tonnes | |||
- Rice production in 2018 upgraded somewhat, mainly on improved prospects for India and, to a lesser extent, Brazil.
- Utilization in 2018/19 expected to expand by 1.0 percent y/y, mostly due to population growth in Asia and buoyant demand for rice in Africa.
- Trade in calendar 2018 and 2019 seen only slightly below the 2017 all-time high.
- Stocks (ending in 2019) raised, with India accounting for most of this revision.