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S.Korea feed makers buy max 45,000 T Indian soymeal

Published on 9 October, 2007, Last updated at 05:33 GMT

South Korea's Major Feedmill Group has bought up to 45,000 tonnes of Indian soymeal from Cargill, traders said on Tuesday.

The purchase was split into three lots of up to 15,000 tonnes each for Jan. 30 and Feb. 15 arrivals.

Cargill agreed to provide the meal at $399.50 per tonne, including cost and freight, they added.

The deal was made on Friday during private negotiations.


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