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AMIS Market Monitor

last release: October 2018

Supply & Demand

2017/18

2018/19 

estimate

6 Sep

4 Oct

Production

506.3

511.8

513.0

Supply

674.2

682.2

685.0

Utilization

503.8

509.6

509.2

Trade

48.4

47.3

47.7

Ending Stocks

172.0

173.4

176.5

in million tonnes

  • Rice production in 2018 upgraded, as improved prospects for the US and especially India outweighed reductions for Mali, Pakistan and the Philippines.
  • Utilization in 2018/19 still expected at an all-time record, despite a slight downward adjustment to non-food use forecasts.
  • Trade in 2019 raised marginally, on higher anticipated imports by Brazil, the Philippines and Saudi Arabia.
  • Stocks (ending in 2019) now seen expanding by 2.6 percent, mainly due to an upward revision to carryovers in India.