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2025-09-12 16:24:09
[South Korea MFG Corn Tender Lowest Bid $234.40 per Ton] ⑴ According to traders, the lowest bid in a 70,000-ton corn tender by South Korea's Major Feed Group (MFG) is estimated at $234.40 per ton (cost and freight). ⑵ European traders confirmed that Pan Ocean Trading submitted a bid for 65,000 tons of corn of any origin, including an additional port unloading surcharge of $1.25 per ton. ⑶ The bid is for MFG's international tender launched on Friday, for up to 70,000 tons of animal feed corn. ⑷ No transactions have been reported yet; all bids are still under review. ⑸ The tender requires the corn to arrive in South Korea by January 10, 2026. ⑹ Traders emphasize that the current data is only a preliminary assessment, and prices and quantities are subject to subsequent adjustments.
