South Korean seeks to buy Australian wheat

18 Jul, 2013

South Korean flour millers are seeking a combined 106,100 tonnes of Australian milling wheat via tenders for October and December arrivals, traders said on Wednesday. Of the total, CJ Cheiljedang Corp is seeking 66,100 tonnes for November and December arrivals via tenders to close at 2 pm (0500 GMT) on Wednesday, traders said.
Daehan Flour Mills Co Ltd is seeking 40,000 tonnes for arrivals between October and November via a separate tender also to close at 2 pm on Wednesday, they said. CJ usually imports about 30,000 tonnes of Australian milling wheat a month, while Daehan monthly buys 30,000-40,000 tonnes of Australian milling wheat, traders noted.

Read Comments