Jordan's MIT locks up 120k mt wheat for March at $276.75/mt

Jordan’s state grain importer has booked 120,000 mt of milling wheat for March shipment, trade sources said Thursday.

The Ministry of Industry, Trade and Supply (MIT) booked two cargoes of milling wheat of 60,000 mt each, paying $276.75/mt CFR Aqaba to Al Dahra and CHS for the shipment in the first and second half of March.

In addition to the winning lot, five more offers were received in a price range of $287.50-301.50/mt CFR Aqaba.

Jordan's next wheat tender is expected to be announced on January 9, for March-May shipment.

The country's last wheat purchase was completed on November 21, when it booked 60,000 mt of milling wheat at $273.50/mt CFR Aqaba from Cerealcom Dolj for shipment in the second half of January.

More details of Jordan’s previous buying can be found on the Tender Dashboard.