South Korea's KOCOPIA buys 60,000 tonnes corn

10 May, 2019

HAMBURG: South Korea's Korea Corn Processing Industry Association (KOCOPIA) purchased about 60,000 tonnes of corn to be sourced from optional origins in an international tender on Friday, European traders said.

It was bought at $190.09 a tonne c&f including the surcharge for additional port unloading. Seller was believed to be trading house Cofco.

It was for arrival in South Korea in September.

Copyright Reuters, 2019

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