- Tender Result: Jordan’s MIT purchased 60,000 tonnes of milling wheat at $277.50/tonne C&F, half of the 120,000-tonne target volume.
- Price Competitiveness: CHS won the tender with the lowest bid, undercutting rivals by $0.90–$7.50 per tonne across a tight offer range.
- Logistics Window: Shipment is scheduled for June 1–15 delivery to Aqaba port, providing a benchmark for early-summer MENA import values.
- Market Tone: Outcome is neutral to slightly bearish for Black Sea and broader export markets, reflecting adequate global wheat supply.
Jordan Wheat Tender Overview
Jordan’s state grain buyer, the Ministry of Industry and Trade (MIT), concluded an international milling wheat tender on March 17, securing 60,000 tonnes of random-origin wheat out of a planned 120,000 tonnes. The winning offer came from CHS at $277.50 per tonne C&F for shipment to Aqaba, with delivery scheduled between June 1–15.
The tender attracted six major global grain houses, highlighting robust competition for MENA demand. Despite the intention to buy up to 120,000 tonnes, MIT opted to book only half, suggesting a cautious step-by-step procurement approach in the current price environment.
Tender Price Comparison
| Trader | Offer Price (C&F, $/t) | Spread vs. Winning Bid ($/t) | Volume Awarded (t) |
|---|---|---|---|
| CHS (Winner) | $277.50 | $0.00 | 60,000 |
| Cargill | $278.40 | $0.90 | 0 |
| Buildcom | $281.37 | $3.87 | 0 |
| Ameropa | $283.44 | $5.94 | 0 |
| Bunge | $285.00 | $7.50 | 0 |
| Solaris | $285.00 | $7.50 | 0 |
The winning CHS bid at $277.50 per tonne set the floor for the tender, with competing offers clustered within a relatively narrow $7.50 per tonne band. Cargill’s $278.40 per tonne was only $0.90 above the winning level, underlining how finely balanced the competition was for this demand.
Market Impact and Price Signals
The achieved price of $277.50 C&F for June delivery indicates that global wheat supply into the MENA corridor remains adequate ahead of the new-crop period. The decision to purchase only 60,000 tonnes, rather than the full 120,000 tonnes, hints at either budget management or a deliberate strategy to stagger bookings in anticipation of potentially softer prices as Northern Hemisphere harvest pressure builds.
With random origin accepted, Black Sea exporters are likely to be among the most competitive suppliers into Aqaba, but EU and other exporters also appear to be in the mix given the narrow price spread. The tender result now serves as a key reference for June forward valuations into Jordan and, by extension, neighboring MENA wheat importers.
Overall, the outcome leans neutral to slightly bearish for Black Sea and broader export markets: prices remain contained, competition is intense, and buyers continue to secure coverage without needing to pay a pronounced risk premium.
Source: Market Data
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