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In November, the rice output of enterprises above designated size was 113.187 million tons. Calculated on the basis of historical data, the monthly growth rate was 29.56% year-on-year and 13.8% month-on-month. The cumulative output was 96.379 million tons, a year-on-year increase of 21.97%. (Note: Published data: monthly increase of 29.9%; cumulative production of 95.10 million tons, an increase of 21.4%.) According to the rice rate of 68%, in November the scale of the company's rice consumption of 16.746 million tons of rice, from January to November the cumulative rice Consumption of 152.842 million tons.
Comprehensive production of SMEs, BOABC estimates that in November the total output of rice in the society was 12.94 million tons, and rice consumption in rice milling was 19.029 million tons.
According to processing company's 30 working days and end of 2011 capacity (Note: 350 days per year, BOABC estimates the total social rice processing capacity of 590 million tons, including 300 million tons of capacity of enterprises above designated size, and 289 million tons of small enterprises; The actual output is lower than the statistical estimate of about 95%.) In November, the operating rate of rice milling enterprises in the whole society was 33.5%. Among them, the monthly operating rate of enterprises above the designated size was 59.6%; the operating rate of small enterprises was 14.4%.
End-of-month inventory: Comprehensive rice consumption and other consumption, domestic rice consumption totaled 20.913 million tons in November. Considering mid-late rice, the total harvest is expected to be 34.435 million tons. It is basically completed by the end of 11-year rice acquisition; comprehensive harvest, early-month inventory and import and export At the end of the month, domestic rice stocks at the end of the period were 197.1 million tons, which was higher than the level of the same period of last year. The monthly consumption coefficient was 9.4, slightly lower than the level of the same period of last year.
In November, the price was 2,735 yuan/ton, up 5.64% from the previous year; the average price in July-November was 2,751 yuan/ton, up 8.04% from the same period of last year; and the variety was higher than the minimum purchase price Level. The new crop annual price point of view is expected to rise between 5-7.5%, and the estimated price may reach 2799 yuan / ton.
Rice supply and demand balance analysis
Above the scale in November 2012 (Note: annual sales income of more than RMB 20 million. Same below) Rice production by rice milling companies has seen a significant year-on-year growth.