Browse Data and Analysis

Export prices leveled off due to sales of government stocks and quiet demand for parboiled rice.

Export prices increased 2 to 3 percent due to further tightening of the domestic rice supply.

With increased processing capacity and better weather conditions expected to prevail, sugar production is forecast to climb to 370,000 metric tons in MY16/17 (May-Apr).

After a small decline in MY15/16 (Aug-Jul) because of the drought, cotton production is forecast to more than recover, reaching 207,000 bales (45,000 metric tons) in MY16/17.

Export prices increased 3 to 5 percent due to strong enquiries for parboiled rice while domestic supplies are expected to be tighter.

Domestic and export prices continued to increase around 1 to 2 percent due to tighter domestic supplies. The new public tender for 1.2 million metric tons will be issued on May 19, 2016.

MY2016/17 rice production is revised down to 17 million metric tons due to water shortages.

Soybean and soybean meal imports are expected to increase in MY2016/17 to 5.5 million metric tons. The U.S. holds about a 20-22 percent share of the market.

Domestic and export prices continued to increase around 1 to 2 percent as domestic supplies remain tight.