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FAO Rice Market Monitor - April 2014








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    Rice trade in 1998 is forecast to expand by 3.2 million tons in 1998 to a new high of 21.6 million tonnes. At that level, trade would exceed the previous 21 million tons record set in 1995.
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    With the exception of a few northern hemisphere countries that are still harvesting their last crops, the 2015 paddy season is closed by now. Reflecting the influence of the El Niño weather anomaly, the global outlook has deteriorated if compared to December expectations, mostly on worsening prospects for India, the DPR Korea, Myanmar and Thailand.
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    Since January, the estimate of world paddy production in 2011 has been lowered by 1.4 million tonnes to 720.0 million tonnes (480.1 million tonnes, milled basis), reflecting deteriorating prospects in several countries, in particular Bangladesh.

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