August 16, 2004
South Korea's Dongah Flour Mills Buys 19,500 MT US Wheat In Tender
South Korea's Dongah Flour Mills Co. bought 19,500 metric tons of U.S. No. 1 wheat from trading house Cargill in an invitation-only tender concluded Friday, said a company official.
Dongah bought one cargo of assorted milling wheat at prices ranging from $144.57-$155.61 a ton, free on board from the Pacific Northwest between Nov. 1-15, said the official.
Dongah bought the cargo on behalf of four companies, including CJ Corp., Daehan Flour Mills Co. and Youngnam Flour Mills Co., the official said.
Below are the details of Dongah's wheat tender Friday:
Quantity Variety Price
5,900 Soft White 10.5% 144.75
1,200 Soft White 10% 144.75
1,100 Soft White 8.5% 146.22
5,000 Hard Red Winter 144.57
6,300 Dark Northern Spring 155.61