.
.
.
.

Jordan sells 50,000 tons of wheat at $150 a ton

Traders have cited limited selling interest of wheat and barley to Jordan as a result of stricter inspection and payment conditions.

Published: Updated:

Jordan’s Ministry of Trade and Industry sold a 50,000-ton cargo of wheat at $150 a ton, free-on-truck (FOT), traders said on Monday.

The wheat was purchased by Sarles company, traders said.

Jordan was seeking to sell a cargo of Polish wheat rejected in February by its quality control.

This was the third attempt by the ministry to sell the wheat after the supplier declined to re-export it.

The cargo is being sold for export only and the full volume should be shipped out of Jordan one month after the contract is signed.

Traders have cited limited selling interest of wheat and barley to Jordan as a result of stricter inspection and payment conditions.