November 24, 2005

South Korea's KFA to tender for up to 110,000 tonnes soymeal

The Seoul-based Korea Feed Association will seek up to 110,000 tonnes of soymeal in a buy tender to be held at 0700 GMT Thursday, said a South Korean trader on Wednesday.

KFA Seoul will buy either three handy-sise cargoes of Indian soymeal or two panamax-sise cargoes of US or South American soymeal, the trader said.

All cargoes are to be discharged at Incheon port.

Below are details of the buy tender:

Quantity      Origin                          Arrival Date
(tonnes)

25,000         India                              Apr 25

25,000         India                              May 5

25,000         India                              May 25

Or

55,000         US/South America            Apr 25

55,000         US/South America            May 20