Stock advisory Company, Indian rice offered lowest in Iraq`s 30,000 T tender

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The lowest price offer received by Iraq's state grains buyer in a tender to purchase at least 30,000 tonnes of rice was $305 a tonne c&f free out for rice to be sourced from India, traders said on Monday.

The traders said they believed the Iraqi buyer had not yet made a decision in the tender, which closed on Monday with offers having to remain valid up to Dec. 10.

One offer was made for rice from Pakistan at $445 a tonne c&f free out, they said. The lowest among a series of offers for rice from Thailand was $459 a tonne c&f free out.

One offer was made for rice from the United States at $667 a tonne c&f free out.

Iraq also received single offers for rice from Argentina at $575 a tonne c&f free out, optionally from Argentina or Uruguay at $591 a tonne c&f free out, from Paraguay at $569 a tonne c&f free out and from Vietnam at $573 a tonne c&f free out.

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