South Korea's NOFI buys about 60,000 tonnes soymeal - trade

HAMBURG: South Korea's largest animal feed maker Nonghyup Feed Inc. (NOFI) purchased around 60,000 tonnes of soymeal thought likely to be sourced from Brazil in an international tender which closed on Thursday, European traders said on Friday.

The soymeal was believed to have been purchased at $371.00 a tonne c&f plus surcharges of $1.50 and $2.0 a tonne for additional port unloading.

Shipment was sought in a single consignment from South America between Sept. 18 and Oct. 7 for arrival in South Korea around Nov. 15. Seller was believed to be trading house Cargill.