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HAMBURG: South Korea's largest feedmaker Nonghyup Feed Inc. (NOFI) has rejected all offers and made no purchase in a tender which closed on Tuesday for up to 60,000 tonnes of South American soymeal, European traders said.

Prices were regarded as too high, they said.

Shipment was sought in a single consignment from South America between Sept. 18 and Oct. 7 for arrival in South Korea around Nov. 10.

Copyright Reuters, 2019

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