South Korean flour factory purchases 9500 tons of American wheat
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Last Update: 2002-08-02
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Source: Internet
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Author: User
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Introduction: Dow Jones Singapore, Aug 1: Daehan company purchased 9500 tons of us No 1 wheat from Mitsui trading company in Japan through bidding on Thursday, according to an official of Daehan flour processing company in South Korea Among them, 5200 tons are soft white wheat, the price is US $142.90 per ton, the highest protein content is 10.5%, 2900 tons are soft white wheat, the price is US $156.30 per ton, the highest protein content is 8.5%, 1400 tons are black North spring, the price is US $164.10 per ton According to the official, Daehan also purchased 14500 tons of Canadian spring wheat with a minimum protein content of 13.5% on Thursday through private negotiations, which is close to the price of hard North Spring Wheat in the United States According to traders familiar with the deal, the price of Canadian wheat is higher than that of American hard north spring wheat, but no more than $5 per ton According to company officials, U.S and Canadian wheat ships arrive in Busan from September 5 to October 5.
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