November 3, 2005

South Korea's NOFI buys 25,000 tonnes soymeal from Bunge

South Korea's Nonghyup Feed Inc, or NOFI, bought 25,000 tonnes of Indian soymeal from trading house Bunge in a tender concluded Thursday, a trader in Seoul said.

NOFI bought the soymeal at US$231.79/tonne, cost and freight, but excluding a second and third port discharge premium of US$1.50/tonne, the trader said.

The shipment is expected to be delivered Feb 1-20 to the South Korean port of Kunsan.