S.Korea buys 22,222 T rice for June, seeks to buy 30,764 T for Sept-Oct

Posco International

02/01/2020 03:44

SEOUL, Jan 2 (Reuters) - South Korea bought 22,222 tonnes of
non-glutinous rice for June delivery, while seeking to buy
30,764 tonnes of rice for arrival between September and October,
state-run Korea Argo-Fisheries & Food Trade Corp said on its
website. http://www.at.or.kr
    The agency said it bought 22,222 tonnes of U.S.-origin rice
at $784.20 per tonne from Posco International  047050.KS  via a
tender that closed on Monday. 
    The agency sought to buy a total of 42,222 tonnes of rice
for arrival between April and June. It said it would release the
tender result of the remaining rice products later.  urn:newsml:reuters.com:*:nL4N28X0JU
       
    The new tender will close at 0600 GMT on Jan. 7, and
electronic bidding will be held from 0100 GMT to 0200 GMT on
Jan. 8. 
    Details of the new tender are as follows:
    TONNES(M/T)  GRAIN TYPE      ARRIVAL/PORT
        20,000   Brown Medium    Sept.1-Oct.31,2020/Busan
        10,764   Brown Medium    Sept.1-Oct.31,2020/Gwangyang
    
    *Note: The agency seeks U.S. No.3 standard for the brown
rice. 
    
    
     
    
    
     

 (Reporting By Jane Chung; Editing by Rashmi Aich)
 ((jane.chung@thomsonreuters.com; +82 2 6936 1459;))