Iraq Seeks to Buy 30,000 Tons of Basmati Rice

Iraq plans to buy 30,000 metric tons of basmati rice from India and Pakistan, according to a report from Bloomberg.

Fawziyeh Hameed, a spokeswoman for the Trade Ministry, told the news agency that the deadline for suppliers to submit bids is April 22. Bids should be valid until April 26.

Iraq reportedly bought 53,000 tons of basmati from India in a tender that expired on 10th of April 10.

Local production is forecast to climb to 250,000 tons this year, up from last year’s 150,000 tons, but the country consumes 1.25 million tons of rice annually.

(Source: Bloomberg)

(Photo credit - Gunkarta Gunawan Kartapranata)

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