AIRLINK 149.21 Decreased By ▼ -2.49 (-1.64%)
BOP 10.36 Increased By ▲ 0.17 (1.67%)
CNERGY 7.20 Decreased By ▼ -0.04 (-0.55%)
CPHL 84.89 Decreased By ▼ -0.51 (-0.6%)
FCCL 45.58 Decreased By ▼ -0.84 (-1.81%)
FFL 15.71 Increased By ▲ 0.01 (0.06%)
FLYNG 57.47 Increased By ▲ 2.96 (5.43%)
HUBC 135.89 Decreased By ▼ -1.11 (-0.81%)
HUMNL 11.53 Increased By ▲ 0.25 (2.22%)
KEL 5.26 Decreased By ▼ -0.12 (-2.23%)
KOSM 6.00 Decreased By ▼ -0.11 (-1.8%)
MLCF 82.31 Decreased By ▼ -0.23 (-0.28%)
OGDC 214.26 Increased By ▲ 1.21 (0.57%)
PACE 6.14 Decreased By ▼ -0.18 (-2.85%)
PAEL 41.15 Decreased By ▼ -0.29 (-0.7%)
PIAHCLA 23.95 Decreased By ▼ -0.21 (-0.87%)
PIBTL 8.48 Increased By ▲ 0.22 (2.66%)
POWER 13.80 Decreased By ▼ -0.08 (-0.58%)
PPL 167.42 Increased By ▲ 0.19 (0.11%)
PRL 31.60 Decreased By ▼ -0.33 (-1.03%)
PTC 24.15 Decreased By ▼ -0.38 (-1.55%)
SEARL 89.13 Decreased By ▼ -0.75 (-0.83%)
SSGC 44.82 Increased By ▲ 1.54 (3.56%)
SYM 14.99 Increased By ▲ 0.15 (1.01%)
TELE 7.86 Decreased By ▼ -0.05 (-0.63%)
TPLP 9.35 Increased By ▲ 0.09 (0.97%)
TRG 65.09 Increased By ▲ 1.58 (2.49%)
WAVESAPP 9.33 Increased By ▲ 0.01 (0.11%)
WTL 1.61 Decreased By ▼ -0.01 (-0.62%)
YOUW 4.19 Decreased By ▼ -0.24 (-5.42%)
BR100 13,134 Increased By 28.2 (0.22%)
BR30 38,014 Increased By 18.9 (0.05%)
KSE100 121,971 Decreased By -254.3 (-0.21%)
KSE30 36,913 Decreased By -43.1 (-0.12%)
Markets

Taiwan's MFIG buys about 65,000 tonnes corn from Argentina

  • If sourced from the US Pacific Northwest coast or South Africa, shipment is sought between May 9 and May 28.
Published March 2, 2021

HAMBURG: Taiwan's MFIG purchasing group bought about 65,000 tonnes of animal feed corn expected to be sourced from Argentina in an international tender which closed on Tuesday, European traders said.

The corn was purchased in a single consignment, all at an estimated premium of 210.12 US cents a bushel c&f over the Chicago July 2021 corn contract, they said.

The seller was believed to be trading house Cargill, they said.

The tender sought shipment between April 24 and May 13 if the corn is sourced from the US Gulf, Brazil or Argentina, they said.

If sourced from the US Pacific Northwest coast or South Africa, shipment is sought between May 9 and May 28.

Offers were only reported for US and Argentine corn. No offers were reported for Brazilian or South African grain.

A total seven offers were made for Argentine corn. Six offers were made for US corn, with the lowest at 222.80 US cents a bushel c&f over Chicago July.

In its last reported purchase on Jan. 20, the MFIG group bought about 65,000 tonnes of animal feed corn expected to be sourced from the United States.

Comments

Comments are closed.