December 6, 2005

Taiwan's MFG buys 50,000 tonnes of Indian soymeal

Taiwan's Major Feedmeal Group concluded a tender Dec 1 to buy a total of 50,000 tonnes of Indian soymeal, a Seoul-based trader said Monday.

MFG bought 25,000 tonnes each from trading houses Cargill and Peter Cremer, at US$216.80/tonne, cost and freight, the trader said.

Cargill will supply the cargo to Ulsan April 25 while Peter Cremer will supply the cargo to Ulsan May 5.