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Markets

South Korea's FLC bought 65,000 tonnes corn in deal last week

Published Updated

The corn was purchased at $195.99 a tonne c&f plus a $1.25 a tonne surcharge for additional port unloading.

Seller was believed to be trading house Cofco.

It was for shipment between Sept. 6-25 if sourced from the U.S. Pacific Northwest coast or between Aug. 12-31 if from South America.

Copyright Reuters, 2019