Jordan purchases 60 thsd tons of wheat in tender
Jordan’s state grain buyer MIT purchased approximately 60,000 metric tons of milling wheat of optional origin in an international tender held on June 9. The volume acquired represents half of the 120,000 tons originally sought in the tender.
Trading house CHS was reported to have won the deal with an offer of $275.20 per ton C&F. The wheat is scheduled for shipment to the port of Aqaba between August 16 and August 31. According to traders, CHS submitted the most competitive bid among the participants.
Other companies participating in the tender included Ameropa with an offer of $277.87 per ton, Olam at $276.50 per ton, Cargill at $279.90 per ton, and Dreyfus at $280.00 per ton. Market sources expect Jordan to issue a new tender for up to 120,000 tons of wheat in the coming days, with deliveries likely to be sought for September and October.
More detailed information on the latest trends in grain exports, supply and demand balances with breakdown by crop, price behavior, crop conditions and progress in harvesting/planting in the countries of Black Sea Region is available to subscribers for Online Analytics “Black Sea & Danube Grain Market” in the new innovative tool for agri market participants – AgriSupp by UkrAgroConsult. Subscribe to a 7-day free trial!
Start using analytical data and increase your efficiency now!
Register to get your demo access: http://agrisupp.com/en/register/1
Read also
AgriSupp Update: Export Data for 36 Countries Now Available!
China corn prices remain stable amid weak feed demand
Germany set for record soybean harvest despite overall EU decline
Cameroon prepares major reform of its wheat market
Purchase prices for rapeseed in Ukraine fell by $25/t in a week due to the start o...
Write to us
Our manager will contact you soon