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Jordan made no purchase in tender for 120,000 T wheat, traders say

Jordan’s state grain buyer refrained from purchasing 120,000 metric tons of milling wheat in a recent international tender, citing offers deemed too high by European traders. Participants included Cargill, CHS, Viterra, Al Dahra, Ameropa, and Buildcom. A new tender is anticipated to launch, closing on July 9, seeking shipments between August 16-31, September 1-15, and September 16-30, maintaining the same terms as the previous unsuccessful bid.

HAMBURG, July 2 (Reuters) -Jordan’s state grain buyer is believed to have made no purchase in an international tender to buy 120,000 metric tons of milling wheat which closed on Tuesday, European traders said.

Offers were regarded as too high. Participants were believed to be Cargill, CHS, Viterra, Al Dahra, Ameropa and Buildcom, they said.

A new tender is expected to be issued in coming days closing on July 9, they said. The new tender is expected to seek the same shipment periods between Aug. 16-31, Sept. 1-15 and Sept. 16-30.

Source Link: https://www.xm.com/research/markets/allNews/reuters/jordan-made-no-purchase-in-tender-for-120000-t-wheat-traders-say-53872400

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