June 25, 2007

Taiwan's BSPA buys 60,000 tonnes of Brazilian soybean in tender

Taiwan's Breakfast Soybean Procurement Association, or BSPA, has bought 60,000 metric tonnes of Brazilian soybean from trading house Mitsui in a tender concluded on Friday (June 22), a trader in Taipei said.

BSPA will pay a premium of 161 US cents/bushel to the Chicago Board of Trade September contract for the shipment, which is expected to arrive between July 22 and August 8.