Oman War Boosts Grain Stockpiles
Omani flour mills and Salalah Mills were affected by the Israeli-American war on Iran. As a result, they increased their grain stocks during the first half of 2026 to protect their operations from supply shortages caused by logistical disruptions and rising costs. The inventories of Omani mills increased by 113%, reaching approximately 260-261 thousand tons, with additional shipments booked. Meanwhile, Salalah's stocks grew to cover an additional 20 days compared to last year, totaling 18 million Omani riyals. The companies incurred extra costs due to higher shipping and insurance prices, especially as wheat prices exceeded $300 per ton on new shipments. They adopted strategies to enhance their resilience against geopolitical and climatic challenges, focusing on exporting to foreign markets and diversifying import sources.
Notice: This Is an AI-Generated Summary
Comments (0)