March 19, 2004

South Korea Feed Group Buys 20,000-25,000 MT Soymeal

The Korean Feed Association in Seoul bought seller's option of 20,000-25,000 metric tons of Indian soybean meal from Noble Group in a tender late Thursday, a South Korean trader familiar with the deal said Friday.
 
The deal was concluded at US$379.90 a ton, cost and freight, for Incheon delivery for arrival June 30.
 
March 17, KFA bought 15,000 metric tons of Indian soybean meal from Wilmar via private talks. The deal was concluded at US$367 a ton, cost and freight, for Incheon delivery with arrival June 10.