Jordan purchases 50,000 tons of feed Barley at tender, traders claim
European traders reported that Jordan's state grain buyer bought?about 50,000 tons of?? animal feed??? barley? on Wednesday? in an international tender looking for up to 120,000 tonnes.
According to traders, the barley was reportedly purchased from Bunge Trading House at an estimated cost and freight (c&f), of $260.50 per ton. The barley will be shipped in the second half of June.
The tender was also attended by two other companies, CHS and Cargill. Their estimated bids per ton were $265.98 for CHS and $264.95 for Cargill.
The reports reflect the assessments of traders and future estimates of volumes and prices are still possible.
The traders said that a 'new tender' was expected to take place next week in order to obtain barley for shipment in the first half June and in July. (Reporting and writing by Gus Trompiz, editing by Andrew Heavens & Jan Harvey; reporting by Michael Hogan)
(source: Reuters)