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AMIS Market Monitor

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.