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South Korea's NOFI buys 68,000 tonnes corn in tender

The grain can be sourced from optional origins. The corn was sought for arrival in South Korea in May. H
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  • The grain can be sourced from optional origins.
  • The corn was sought for arrival in South Korea in May.

HAMBURG: South Korea's largest feedmaker Nonghyup Feed Inc. (NOFI) purchased an estimated 68,000 tonnes of corn in an international tender which closed on Friday, European traders said.

The grain can be sourced from optional origins.

It was bought in one consignment at around $213.60 a tonne c&f. Seller was believed to be trading house ADM.

The corn was sought for arrival in South Korea in May.

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