May 26, 2006

South Korea's KFA buys 110,000 tonnes soymeal in tender

The Korea Feed Association (KFA) has bought 110,000 tonnes of South American-origin soymeal from trading house Cargill in a tender concluded on Thursday (May 25), an association official said.

The first shipment of 55,000 tonnes will be supplied at US$221.33/tonne, while the second 55,000-tonne shipment will be supplied at US$222.63/tonne.

The first shipment will arrive at Inchon on Nov 20, while the second shipment will arrive in Inchon on Dec 20.