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Iran may keep ban on rice imports as some tons of rice still stored in facilities

Business Materials 4 November 2014 15:34 (UTC +04:00)

Tehran, Iran, Nov. 4

By Milad Fashtami - Trend:

The director of the Iranian rice producers association, Jamil Alizadeh Shayeq said that the country has imported 2.7 million metric tons of rice from the begging of the previous calendar year (March 21, 2013) so far.

"Iran also produced 2.3 million metric tons of rice in the previous year (which ended on March 20)," he said, adding the country practically doesn't need to import any rice until the end of the next Iranian calendar year (March 20, 2016), Iran's Mehr News Agency reported on Nov. 4.

Deputy Head of Imports Commission of Iran Chamber of Commerce, Industries, Mines and Agriculture Mohammad-Reza Safa said on October 15 that Iranian government has banned rice and sugar imports to support domestic producers.

"Iranian producers cannot meet the domestic demands, and we need to import. But currently there are enough rice and sugar in the market, so we decided to ban imports," he said.

The country's rice output is expected to reach 2.4 million metric tons in the current Iranian calendar year.

The country's domestic production is around 2.8 million metric tons, so only 400,000 metric tons of rice needs to be imported

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