October 20, 2006

South Korea's Kocopia buys 55,000 tonnes corn in tender

The Korea Corn Processing Industry Association, or Kocopia, bought 55,000 tonnes of optional-origin corn from trading house Cargill in a tender concluded Thursday (Oct 19), said an association official.

Cargill will supply either China-origin corn at US$183.38 a tonne or US-origin corn at US$189.38/tonne.

The shipment will arrive at Inchon port Mar 20.