Iraq has tendered to buy 100,000 tonnes of white Brazilian sugar after awarding 200,000 tonnes to Gulf and western suppliers, traders and Iraqi commodities officials said on Wednesday.
The 100,000-tonne tender will close on September 6, with the government saying it would pay for the cargo only after delivery to Umm Qasr port, a copy of the tender, read to Reuters, said.
"They will compromise on payment terms because they know no one could agree to them. They have also drawn up a blacklist of companies that have failed to deliver sugar to Iraq in the past," one trader said.