November 17, 2004

South Korea KFA Seoul Seeks Up to 55,000 MT Soymeal in Tender

Seoul-based Korea Feed Association will seek up to 55,000 metric tons of optional-origin soymeal in a buy tender to be held at 0830 GMT Wednesday, according to an official at KFA Seoul.

Suppliers can choose to provide US, South American or Indian soymeal. KFA will buy either two small cargoes of Indian soymeal or one Panamax-size cargo of US or South American soymeal to be shipped to the port of Incheon, the official said.

Below are details of KFA's buy tender Wednesday:

Quantity                  Origin               Arrival Date

(tons)

20,000-25,000         India              Feb. 20

20,000-25,000         India              March. 5

or

55,000                  US/S. Amer        Feb. 20