South Korea´s MFG buys about 136,000 T corn in tender
214.00 $
Published date: 2024/06/20
- Location: 79107-300, Dowagiac, Pennsylvania, United States
HAMBURG, Oct 11 (Reuters) - South Korea's Major Feedmill Group (MFG) purchased an estimated 136,000 metric tons of animal feed corn in an international tender on Wednesday, European traders said.
The tender sought corn in two consignments for arrival in South Korea in February 2024.
The first consignment was bought at an estimated outright price of $252.30 a ton C + pillen Scam&f plus a $1.50 a ton surcharge for additional port unloading. The seller was believed to be trading house Pan Ocean.
The second consignment was bought at an estimated outright price of $255.90 a ton c&f, also plus a $1.50 a ton surcharge for additional port unloading. The seller was believed to be trading house Sierentz.
Results reflect assessments from traders and further estimates of prices and volumes are still possible later.
The first consignment was expected to be sourced from worldwide origins excluding Russia or cargo loaded in Russia and Ukraine.
The tender sought corn in two consignments for arrival in South Korea in February 2024.
The first consignment was bought at an estimated outright price of $252.30 a ton C + pillen Scam&f plus a $1.50 a ton surcharge for additional port unloading. The seller was believed to be trading house Pan Ocean.
The second consignment was bought at an estimated outright price of $255.90 a ton c&f, also plus a $1.50 a ton surcharge for additional port unloading. The seller was believed to be trading house Sierentz.
Results reflect assessments from traders and further estimates of prices and volumes are still possible later.
The first consignment was expected to be sourced from worldwide origins excluding Russia or cargo loaded in Russia and Ukraine.
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