# The tender in Jordan set a new benchmark for prices on barley

> Jordan cancelled a 120,000-tonne feed barley tender after bids came in above $215/MT C&F, which did not suit the buyer. Earlier tenders in January bought 60,000-tonne lots at $218-223/MT, and the cancelled tender set a benchmark of about $220-225/t for new-crop barley.

- Date: 2019-02-07 · published 2019-02-07T12:00:00.000Z
- Category: trade · region Jordan · magnitude low
- Page: https://feedsoft.ai/events/60673-the-tender-in-jordan-set-a-new-benchmark-for-prices-on-barley
- Commodities: [Barley](https://feedsoft.ai/c/BARLEY.md)

## Why it matters

Rejected bids above the benchmark signal that sellers are holding firm on new-crop barley, which supports prices, although Saudi buying could push them higher still.

## Read by commodity

- BARLEY: bullish ▲

## Sources

- graintrade.com.ua: https://graintrade.com.ua/en/novosti/tender-v-jordanii-zadav-novij-orientir-tcinam-na-yachmin.html

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.