Major Feedmill Group in South Korea (MFG) issued a tender for up to 60,000 tons of soymeal. European traders confirmed this on Thursday.

The deadline to submit price offers for the tender is Thursday, 28 August.

A consignment weighing between 40,000 and 60,000 tons, with the seller being free to accept any volume within this range, was requested for arrival in South Korea on or around December 15.

If the soymeal comes from South America or China, the shipment was requested between October 13 and 1 November.

The requested time period will be accepted if it is 10 days earlier or after the actual date. (Reporting and editing by Rashmi aich, with Michael Hogan)

(source: Reuters)