Markets Print edition: 2022-04-17

South Korean groups buy soymeal

Published April 17, 2022 Updated April 17, 2022 06:54am
By

HAMBURG: Three South Korean importers have purchased a total of 121,000 tonnes of soymeal in private deals largely expected to be sourced from South America, European traders said on Wednesday.

The Major Feedmill Group (MFG) bought 60,000 tonnes from trading house Cofco at an estimated $595.50 a tonne c&f including a surcharge for additional port unloading, they said.