The Iraqi government has issued a new tender to buy rice, the Grain Board of Iraq said Wednesday.
It set the closing date for receiving bids from companies at 1000 GMT July 25. It didn't specify quantity, but according to the Iraqi Ministry of Trade, Baghdad needs to buy 1 million metric tons of rice every year.
Separately, a statement by the Ministry of Trade said two vessels laden with around 102,000 tons of Canadian hard wheat are expected to anchor at Um Qasr port in southern Iraq shortly. It gave no further details.
Iraq has issued several tenders to buy hard wheat and rice over the last few weeks as its stocks are running out, according to Iraqi traders. They said the Grain Board of Iraq found it difficult to conclude deals with international companies to buy the two commodities because of soaring prices.
Iraq needs to buy at least 3 million tons of hard wheat every year.
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