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HAMBURG: South Korea's Major Feedmill Group (MFG) purchased about 60,000 tonnes of soymeal in a private deal on Monday without issuing an international tender, European traders said on Wednesday.

The group made the purchase at around $369.50 a tonne c&f including a surcharge for additional port unloading, traders said. Origin was unclear.

It was for shipment in the full month of September. Seller was believed to be trading house Cargill.

Copyright Reuters, 2019

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