last release: February 2019
Supply & Demand
2017/18 | 2018/19 | ||
|---|---|---|---|
estimate | 1 Nov | 6 Dec | |
Production | 506.3 | 512.9 | 514.1 |
Supply | 674.3 | 685.0 | 686.7 |
Utilization | 503.9 | 508.8 | 509.2 |
Trade | 48.5 | 47.2 | 47.3 |
Ending Stocks | 172.6 | 176.7 | 177.5 |
in million tonnes | |||
- Rice production in 2018 raised, as higher than previously expected yields in China and plantings in Pakistan offset slightly lower prospects for the Philippines.
- Utilization to expand in 2018/19, with per capita food use still envisaged to grow slightly.
- Trade in 2019 raised slightly as more buoyant exports from China are mostly offset by lower expected shipments from Viet Nam.
- Stocks (2018/19 carry-out) to expand, mostly driven by higher inventories in China and India.