Purchase of 52500 tons of feed wheat by Korean feed processing plant
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Last Update: 2002-03-18
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Source: Internet
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Author: User
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Lead: Singapore, March 15 (Reuters) - South Korean traders told Dow Jones that South Korea bought 52500 tons of wheat from Glencore on Friday at a very low price because the sellers were bidding aggressively The price of the wheat purchased by KFA and bfmg is only $99.22/t CNF, which is quite unexpected because the price of wheat is usually higher than that of corn As far as the price of feed wheat is concerned, if it is less than $100, it will be very cheap The wheat, which can come from China, Australia, India or Europe, will arrive at Incheon port on July 10 Traders said that a total of 11 companies participated in the bidding TOEFL's bidding is the closest to Glencore's, at $99.79/ton Cargill's bidding price is very high, at $103.95/ton Traders expect Glencore to ship wheat from Europe, where it has a strong presence Traders had previously expected Glencore to ship from Australia Last week, bfmg bought 25000 tons of Chinese feed corn from TOEFL international at a price of US $104.73/ton CNF, which arrived at Qunshan port on May 15 (author:) share to feed Weibo share to:
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