The corn was bought at an estimated $227.49 a tonne c&f plus a $1.25 a tonne surcharge for additional port unloading Seller was believed to be trading house Olam.
HAMBURG: South Korea's Major Feedmill Group (MFG) purchased about 69,000 tonnes of corn expected to be sourced from South America in an international tender which closed on Wednesday, European traders said.
The corn was bought at an estimated $227.49 a tonne c&f plus a $1.25 a tonne surcharge for additional port unloading Seller was believed to be trading house Olam.
The tender had sought December/January arrival in South Korea.
Comments
Comments are closed for this article.