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Markets

Jordan issues tender to buy 120,000 tonnes wheat

Published Updated

HAMBURG: Jordan's state grain buyer has issued an international tender to buy 120,000 tonnes of milling wheat which can be sourced from optional origins, European traders said on Wednesday.

The tender deadline is Feb. 19.

A new tender had been expected after Jordan made no purchase in its previous wheat tender on Tuesday when only one trading company took part.

In recent months, Jordan has struggled to buy wheat and barley in tenders after it changed terms for quality specifications and payment, leading to a reduction in the participation of international trading houses.

The new wheat tender seeks shipment in a range of possible combinations in 60,000 tonne consignments. Possible shipment periods are June 16-30, July 1-15, July 16-31 and Aug. 1-15.

A separate tender from Jordan to purchase 120,000 tonnes of animal feed barley also closes on Wednesday. Recent barley tenders have seen more normal numbers of trading companies participating.

Copyright Reuters, 2019

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