December 9, 2005

South Korea's NOFI buys Indian soymeal, rapeseed meal

South Korea's Nonghyup Feed Inc. bought 30,000 tonnes of Indian-origin soymeal from trading house Sufflet for US$208.89/tonne, cost and freight, in a tender concluded late Thursday, a Seoul trader said Friday.

It also bought 10,000 tonnes of India-origin rapeseed meal from Majuko at US$146.73/tonne, C&F.

The soymeal would be delivered in March, while the rapeseed meal would be delivered in January or February.