March 9, 2012

 

Taiwan's soy purchasing group buys 60,000 tonnes Brazilian soy

 

 

The Breakfast Soybean Procurement Association (BSPA) of Taiwan has bought 60,000 tonnes of Brazilian-origin soy in a tender, which closed on Thursday (Mar 7), European traders said.

 

Seller was said to be Concordia and shipment was in the second half of April.

 

Price was said to be US$1.90 a bushel c&f above the Chicago July soy contract.

 

The tender had sought 40,000 to 60,000 tonnes of soy from either the US or Brazil.
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