Consumption of rice in the world will reach 498 million tons in 2019-20 season

3

Потребление риса в мире достигнет 498 млн. тонн в 2019-20 сезоне

In its latest report of 25 July, the international Grains Council (IGC) left the forecast of world rice production in 2019-20 MG unchanged, at the level of 503 million tons, compared to June’s expectations. Meanwhile, in the 2018-19 season, the volume of production is estimated at below 4 million tons. While in the 2017-18 season, farmers around the world gathered from their plantations 494 million tons of rice.

Consumption of crops in 2019-20 MG, according to the July report, the elm can grow to 498 million tons in the same period last season (492 million tons),reports “КазахЗерно.kz”. We will remind, in June, expectations were higher at 1 million tonnes.

The volume of rice trade in the world market in 2019-20 MG in the July report of the IGC is projected at 47 million tons. The previous season this figure is estimated at 1 million tons lower. A month earlier, analysts ‘ expectations were consistent with current.

Ending stocks of rice in 2019-20 MG promise to grow to 162 million tons against the previous season (157 million tons). In the past the intelligence report followed a similar assessment.

LEAVE A REPLY

Please enter your comment!
Please enter your name here