February 16, 2006

Taiwan's BSPA rejects all offers in soybean tender 

Taiwan's Breakfast Soybean Procurement Association (BSPA) Kaohsiung branch rejected all offers in a soybean tender Wednesday as they were too high, a Taipei-based trader said.

BSPA was seeking 40,000 to 60,000 tonnes of either US or Brazilian soybeans.

BSPA tendered for the cargo to be shipped either March 16-30 or March 20-April 3 from the US Gulf or Brazil, or March 31-April 14 or April 4-18 from the Pacific Northwest, the trader said.

BSPA is yet to decide on a re-tender date.