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Rice supply-demand balance of Mekong River Delta (Vietnam) – October 13 update – Rice ending stocks in September 2016 are about 1.17 million tons

Rice supply-demand balance in 2016

Indicator

 First 6 months of 2016

 Last 6 months of 2016

Harvested area

                  2,200

                1,850

 Paddy production

                13,709

              10,202

 Rice production

                  8,034

                5,638

 Domestic consumption

                  3,968

                3,022

 Beginning stocks

                     364

                1,177

 Imports

                     110

                   270

 Total supply of rice for exports

                  9,916

              10,219

 Exports through official channel

                  2,657

                2,750

 Exports through unofficial channel – rice shipment to the North for domestic consumption

                     706

                   712

 Ending stocks

                  1,177

                   600

Note: Volume: Thousand tons; Area: Thousand ha

Beginning stocks and Ending stocks of a period are calculated at the beginning and the end of the period. For example, rice beginning stocks for the first 6 months of 2016 are estimated 364 thousand tons that is calculated in early January 2016. Rice ending stocks for the last 6 months of 2016 are estimated at 600 thousand tons that is calculated in late December 2016.

If you are interested in the information about Rice Supply-Demand Balance by month and by rice variety (white rice, fragrant rice and glutinous rice), please access the website www.viettraders.com or contact the Sales Department via the telephone number 0936.288.112 for further information.