Rice Consumption in Aug. 2013

By CnAgri2013-10-16 11:13:24 Print Rice production by medium and large mills registered 9.059 million MT in Aug. Rice production by mills of various scale was estimated to be 9.16 million MT. Rice supply was 10.371 million MT in Aug., including carryin and 113,000 MT imports.
 
Rice consumption was 9.333 million MT in Aug., including 23,900 MT exports. Rice consumption for food use was 8.66 million MT, including 5.095 million MT consumed by households, 3.364 million MT by restaurants, 200,000 MT by the food industry, 4.667 million MT by feed mills and 183,000 MT for industrial uses.
 
Of the rice consumption for food use, 30.53% were consumed by rural households, 24.78% by urban households and 36.05% by the catering industry.
 
Japonica and Indica wholesale prices were RMB4,486/MT and RMB3,726/MT respectively in Aug., up 1.65% but down 7.13% respectively on the year-on-year basis.

Rice inventory was 1.037 million MT at the end of Aug.




From “China Grains Market Weekly Report”