South Korea's MFG rejects offers to the corn tender

South Korea's major Feedmill Group (MFG) has rejected all offers within the framework of an international tender procedure for the purchase of up to 70,000 tons maize due to excessive price demands. The lowest bid was at $196,90 / ton c & f for 63,000 tons of plus $1.25 per tonne to discharge on an other port.

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