June 4, 2004

South Korea NOFI Seeks 15,000 MT Palm Or Corn Meal In Tender

The South Korean Nonghyup Feed Inc., or NOFI, is seeking a total of 15,000 metric tons of optional-origin palm meal or corn meal in a buy tender to be held at 0830 GMT Friday, a Seoul-based trader who received the tender notice said.

NOFI is going to buy three cargoes, each comprising 5,000 tons of either palm meal or corn meal to arrive in South Korea September 20, September 15 and September 25, respectively.

The seller will have the option of choosing one of three designated ports to discharge the cargoes, the trader said.

Below are the details of NOFI's buy tender Friday:

Quantity        Arrival Date              Ports

(tons)

5,000           Sept. 15                  Incheon, or Kunsan, or Ulsan

5,000           Sept. 20                  Incheon, or Kunsan, or Ulsan

5,000           Sept. 25                  Incheon, or Kunsan, or Ulsan