Iraq Purchases 120,000 Tons of Rice

Iraq bought 120,000 metric tons of rice from India and Pakistan, reports BusinessWeek.

The total amount consisted of 90,000 tons of the grain from Pakistan and 30,000 tons from India, said Hassan Ismail Ibrahim, director general of Iraq's Grain Board.

Iraq consumes 1.25 million tons of rice a year, mostly imported, according to Ibrahim.

The harvest has started for this year, with production forecast to climb to 250,000 tons from last year’s 150,000 tons, he said.

(Source: BusinessWeek)

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