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AMIS Market Monitor

last release: May 2017

Supply & Demand

2016/17

2017/18 forecast

estimate

6 Apr

4 May

Production

499.2 

504.0

503.8

Supply

670.5

675.2

675.0

Utilization

500.3

506.5

506.5

Trade

43.2

44.2 

44.1

Ending Stocks

171.2

170.8

170.6

in million tonnes

  • Rice production forecast for 2017 little changed from last month, with Brazil, China, India and Indonesia expected to drive a 0.9 percent global production expansion.
  • Utilization to grow by 1.2 percent in 2017/18, with per capita intake holding steady.
  • Trade forecasts for 2017 and 2018 downscaled slightly, but renewed demand from Asia and Africa still anticipated to sustain expansions in both years.
  • Stocks (ending in 2018) trimmed, mostly on downward adjustments to inventories in Bangladesh and the US.