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April 2008
Source:
ReportLinker.com
It was estimated by China National
Grain and Oils Information Centre that China's cultivated areas
of paddy were about 29.23 million hectares in 2007, down 2.39%
against the previous year, or reducing by 70,000 hectares.
However, the output of paddy totaled 186.5 million tons in 2007,
up 2.15% over the year of 2006 or increasing by 3.93 million
tons. In general, the market prices of paddy in 2007 were higher
than the previous year. In addition, the central government has
also intensified strong support to rice production to raise the
minimum purchasing price of rice. Therefore, it is predicted
that China's cultivated areas of paddy in 2008 will have an
increase against last year.
In 2007, the cultivated areas of early paddy and double cropping
paddy both suffered a decrease, while that of middle-season
paddy and single-cropping late price both enjoyed an increase,
because of a buildup in rural migrant workers and a low
agricultural yield.
The cultivated areas of early paddy and double-cropping paddy
totaled 11.97 million hectares in 2007, down 2.92% against the
previous year or reducing by 360,000 hectares. The cultivated
areas of middle-season paddy and single-cropping late paddy were
17.26 million hectares in 2007, up 1.71% against the previous
year or increasing by 290,000 hectares.
China's paddy consumption mainly covers the six aspects of food,
feed, industrial consumption, seed industry, net export and
losses & waste. It was predicted that the food consumption in
the period of October, 2007 to September, 2008 will account for
78.8% of the total, the industrial consumption 1.3% and the feed
consumption 7.5%.
According to the following chart, we can estimate that China's
paddy supply and demand in the period of October of 2007 to
September of 2008 will be relatively relaxed, but paddy
consumption will still have the problems regarding species and
regional imbalance with the features that "paddy market in the
south is larger than that in the north" and "the consumption of
indica paddy is larger that japonica paddy". (Indica paddy is
planted in the south region and japonica paddy is planted in the
north region)
Based on the authoritative and abundant information from the
National Bureau of Statistics, the China National Grain and Oils
Information Centre and the General Administration of Customs of
China, this report makes an in-depth study on the market status,
main policies, supply & demand and key companies of paddy &
paddy seed industry and forecasts the supply and demand as well
as the development trend of the industry in the period of
October, 2007 to September, 2008.
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