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AMIS Market Monitor

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.