KFA bought 110000 tons of corn on Wednesday
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Last Update: 2002-04-18
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Source: Internet
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Author: User
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Introduction: Dow Jones, April 17 the Seoul based Korean Feed Association (KFA) bought 110000 tons of feed corn from Glencore and TOEFL international through bidding on Wednesday afternoon Among them, KFA purchased 55000 tons from Glencore company and shipped them to Incheon on August 15 The CNF price is 105.49 US dollars per ton, which is corn from South America or the United States KFA also bought another 55000 tons of corn from TOEFL international and shipped it to Inchon on August 30th For Chinese corn, the CNF price is US $98.83 per ton For American and South American corn, the price is US $101.33 per ton KFA initially intended to buy 165000 tons of feed corn, but despite the September 15 shipment of corn tender, KFA members failed to reach a consensus on the price, so no final deal was finalized On Tuesday, KFA Busan branch bought 105000 tons of feed corn from Cargill, which can be selected from the production area, and shipped to Busan or Weishan port on July 30 and August 20 The CNF price of corn in the United States or South America is 101.90 US dollars per ton, and 56.57 US cents per bushel on the July corn price of CBOT The price of corn in China is 98.90 US dollars per ton, or 48.95 US cents per bushel on CBOT's July corn price.
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