South Korea’s FLC buys 50,000-60,000 tons soymeal in private deal
South Korea’s Feed Leaders Committee bought about 50,000-60,000 metric tons of soymeal in a private deal without an international tender, traders said. The cargo is expected to arrive around Jan 25, 2027, at an estimated $473.49/ton c&f.
HAMBURG, Sept 29 (Reuters) — South Korea's Feed Leaders Committee (FLC) on Tuesday bought about 50,000 to 60,000 metric tons of soymeal in a private deal without issuing an international tender, European traders said. 49 a ton cost and freight (c&f) including a surcharge for additional port unloading, they said. Seller was believed to be trading house Cofco, they said. The soymeal was for arrival in South Korea around January 25, 2027.
Reports reflect assessments from traders and further estimates of prices and volumes are still possible later. net)