S.Korea buys tin, aluminium; reissues tender to buy zinc

LX International

26/10/2016 03:05

SEOUL, Oct 26 (Reuters) - South Korea bought 200 tonnes of 
tin and 1,000 tonnes of aluminium, while reissuing a tender to 
buy 1,000 tonnes of zinc, the state-run Public Procurement said 
on its website (www.g2b.go.kr). 
    Details of the purchase and the tender are as follows: 
     
    --Tin purchase 
    TONNES(M/T)     SUPPLIER/PREMIUM          ORIGIN 
           100      Posco Daewoo Corp/$575    Indonesia 
                     047050.KS   
           100      LG Int'l  Corp/$685       Thailand 
                     001120.KS  
     
    * Note: The above premiums were made over London Metal 
Exchange (LME) prices. The tin products should arrive at the 
port of Busan by Nov. 25.  
     
    --Aluminium purchase 
    TONNES(M/T)     SUPPLIER/PREMIUM          ORIGIN 
         1,000      Dreample/$66.5            Australia 
                     DRMPL.UL  
     
    *Note: The aluminium products should arrive at the port of 
Busan by Dec. 20.  
     
    --Zinc tender on Nov. 1 
    TONNES(M/T)     ARRIVAL/PORT             BID OPENING TIME 
          1,000     Jan.31, 2017/ Incheon    3 p.m. (0600 GMT) 
     
    *Note: Two countries of origin are not acceptable and the 
metal products should be London Metal Exchange (LME)-registered 
brands.  
     
 
 (Reporting By Jane Chung; Editing by Sunil Nair) 
 ((jane.chung@thomsonreuters.com; +82 2 3704 5667; Reuters 
Messaging: jane.chung.thomsonreuters.com@reuters.net)) 
 
Keywords: SOUTHKOREA METAL/TENDER