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South Korea's KFA buys about 58,000 tonnes corn in tender
The corn was expected to be sourced from South America. It was purchased at an estimated $181.82 a tonne c&f, t
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- The corn was expected to be sourced from South America. It was purchased at an estimated $181.82 a tonne c&f, traders said.
- The corn was for arrival in South Korea around Sept. 20 with shipment from South America expected between August 2-21.
HAMBURG: The Korea Feed Association (KFA) purchased about 58,000 tonnes of corn to be sourced from optional origins in a tender which closed on Tuesday, European traders said.
The corn was expected to be sourced from South America. It was purchased at an estimated $181.82 a tonne c&f, traders said.
Seller was believed to be trading house Glencore.
The corn was for arrival in South Korea around Sept. 20 with shipment from South America expected between August 2-21.
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