June 7, 2004

South Korea NOFI Buys 52,500 MT Soymeal From Bunge

The South Korean Nonghyup Feed Inc., or NOFI, bought 52,500 metric tons of South American soymeal from trading house Bunge in a buy tender concluded Friday, a company official said.
 
NOFI bought the cargo at $254.90 a ton, for arrival at the port of Incheon October 30. A fee of $1.25/ton will be charged on top of that price for each additional port at which NOFI requires the cargo to be discharged, the company official said.
 
Below are the details of NOFI's buy tender Friday:
 
Quantity        Arrival Date              Ports
(tons)
52,500          Oct. 30                   Incheon, Kunsan, Ulsan