Jordan’s state grain procurement agency has launched an international tender to acquire up to 120,000 metric tons of milling wheat. The tender, which allows for sourcing from various origins, was announced by European traders on Wednesday.
The deadline for submitting price offers for this tender is August 13. This move follows Jordan’s previous tender, which did not result in any purchases. Traders had anticipated a new announcement, given the lack of results from the earlier wheat tender for the same quantity.
This tender comes amid ongoing fluctuations in global grain markets and reflects Jordan’s continued efforts to secure sufficient wheat supplies for its milling needs. The optional origins for sourcing provide flexibility, potentially accommodating various suppliers and market conditions.
The wheat procurement process is crucial for Jordan, a country that relies heavily on imported wheat to meet its domestic demands. By issuing this tender, Jordan aims to ensure a stable supply of milling wheat, which is essential for producing flour and other wheat-based products.
The outcome of this tender will be closely watched by market participants, as it could influence wheat prices and supply dynamics in the region. Additionally, it highlights Jordan’s strategic approach to managing its grain supply and securing favorable terms in the global wheat market.
4o mini
