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AMIS Market Monitor

last release: March 2017

Supply & Demand

2015/16

2016/17 forecast

estimate

2 Feb

2 Mar

Production

492

496

498

Supply

667

667

669

Utilization

495

500

500

Trade

41.6

43.2 

43.1

Ending Stocks

171

170

172

in million tonnes

  • Rice production in 2016 upgraded on improved prospects for Bangladesh, Tanzania and, especially, India.
  • Utilization in 2016/17 still expected to expand, supported by growing food consumption.
  • Trade in 2017 revised down marginally, as reduced export prospects for Pakistan are largely compensated by upward revisions for Myanmar and Thailand.
  • Stocks (ending in 2017) scaled up, as higher anticipated inventories in India more than offset reductions mostly for Thailand.