South Korea's KOCOPIA buys about 55,000 tonnes US corn

• The corn was purchased at an estimated $209.65 a tonne c&f and must be free of genetically-modified organisms (GMOs).
• The KOCOPIA had issued a limited international tender on Friday seeking arrival in July.

HAMBURG: South Korea's Korea Corn Processing Industry Association (KOCOPIA) purchased about 55,000 tonnes of corn to expected be sourced from the United States in a tender this week, European traders said on Wednesday.

The corn was purchased at an estimated $209.65 a tonne c&f and must be free of genetically-modified organisms (GMOs), they said.

The KOCOPIA had issued a limited international tender on Friday seeking arrival in July.