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Markets

Jordan buys 60,000 tonnes feed barley in tender

Published Updated

HAMBURG: Jordan's state grain buyer has purchased about 60,000 tonnes of animal feed barley to be sourced from optional origins in an international tender for up to 120,000 tonnes which closed on Wednesday, traders said.

It was bought at $218 a tonne c&f for shipment in the second half of July.

The seller was trading house Ameropa.

Traders said these other offers were also submitted in the tender in dollars a tonne c&f: CHS $223.24, Cerealcom Dolj $256, Glencore $220.69, Bunge $222, Cofco $224, Soufflet $223.73, GTCS $221.50, Olam $224 and Hakan $229.

Jordan has struggled to make purchases in a series of wheat and barley tenders in recent months, with traders saying uncertainty about new quality controls and payment terms had reduced participation by major grain exporting houses.

But the ten trading houses which took part in the barley tender on Wednesday was seen as a normal level of participation, traders said.

Jordan also bought 60,000 tonnes of wheat in a separate tender on Tuesday and on Wednesday issued a new tender for 120,000 tonnes of wheat.

Copyright Reuters, 2019
 

 

 

 

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