Jordan Buys Estimated 60,000 Tons of Wheat in Tender, Traders Say

Amaia Arranz-Otaegui, a University of Copenhagen postdoctoral researcher in archaeobotany, and Ali Shakaiteer, a local assistant to researchers working at an archeological site in the Black Desert in northeastern Jordan, are seen collecting wheat in this image provided July 16, 2018. - Reuters
Amaia Arranz-Otaegui, a University of Copenhagen postdoctoral researcher in archaeobotany, and Ali Shakaiteer, a local assistant to researchers working at an archeological site in the Black Desert in northeastern Jordan, are seen collecting wheat in this image provided July 16, 2018. - Reuters
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Jordan Buys Estimated 60,000 Tons of Wheat in Tender, Traders Say

Amaia Arranz-Otaegui, a University of Copenhagen postdoctoral researcher in archaeobotany, and Ali Shakaiteer, a local assistant to researchers working at an archeological site in the Black Desert in northeastern Jordan, are seen collecting wheat in this image provided July 16, 2018. - Reuters
Amaia Arranz-Otaegui, a University of Copenhagen postdoctoral researcher in archaeobotany, and Ali Shakaiteer, a local assistant to researchers working at an archeological site in the Black Desert in northeastern Jordan, are seen collecting wheat in this image provided July 16, 2018. - Reuters

Jordan's state grains buyer purchased about 60,000 metric tons of hard milling wheat to be sourced from optional origins in an international tender on Tuesday, traders said.

It was believed to have been bought from trading house Cargill at an estimated $267.50 a ton cost and freight included (c&f) for shipment in the first half of October, they said, Reuters reported.

Reports reflect assessments from traders and further estimates of prices and volumes are still possible later.

Traders said they received indications Jordan will issue a new tender in the coming days for 120,000 tons of wheat. Offers are expected to be submitted on September 2 with shipment expected to be sought in various combinations in the full month of October and full month of November.

Traders said other participants in Tuesday's tender included these trading companies, with their estimated offers per ton c&f: Cofco $269.68, Solaris $278, Buildcom $273.77, Bunge $280, Al Dahra $272 and CHS $269.

A separate tender from Jordan seeking 120,000 tons of animal feed barley also closes on Wednesday.