The most awaited Korean Sesame Tender results have been announced, and here are the details.
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2023 Sesame TRQ State Trade 3rd (P1) Tender Result
Bid number | Domestic agent | Origin | Bid Amount | Winning bid unit price |
Green Star Co., Ltd. | Pakistan | 300 | 2,150 | |
Indiagro Inc. | Nigeria | 900 | 2,155 | |
AT2554-SI-23(654) | Saladin | Nigeria | 600 | 2,155 |
International trade | Burkina Faso | 600 | 2,155 | |
CS MRO | India | 300 | 2,155 | |
Jaya Co., Ltd. | India | 600 | 2,156 | |
Seongil Distribution | India | 600 | 2,156.44 |
The Tender is divided into two parts, among which Part 1 tender is 4500 MT, and the arrival of sesame seeds of this tender must be on 23rd April in the Busan port. The traders had a tight deadline to fill out the registration. The bid number for the first part is AT2554-SI-23(654), and the highest bidders are India and Nigeria, with 1500 tonnes each. From Nigeria, Indiagro Inc received 900 tonnes of orders at 2155 USD/per tonne. On the other hand, Jaya Co., Ltd, an Indian Company, received an order of 600 tonnes at 2156 USD/ per tonne.
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2023 Sesame TRQ State Trade 3rd (P2) Tender Result
Bid number | Domestic agent | Origin | Bid Amount | Winning bid unit price |
Fairbridge Commoditis) | India | 300 | 2,139 | |
Seongil Distribution | India | 600 | 2,144 | |
Daeyang Corporation | India | 600 | 2,148 | |
Jaya Co., Ltd. | Nigeria | 300 | 2,150 | |
AT2555-SI-23(655) | Indiagro Inc. | Nigeria | 900 | 2,155 |
Salt Trans Co., Ltd. | Nigeria | 900 | 2,155 | |
International trade | Burkina Faso | 600 | 2155 | |
Arizwork | India | 300 | 2,156 | |
Hyeonbly Walk | Nigeria | 900 | 2,160 | |
best pick | Nigeria | 600 | 2,165 |
Part 2 of the Korean tender is 6000 MT, which is supposed to arrive at Busan port before or on 23rd May. The bid number for the second part is AT2555-SI-23(655), and the highest receiver is Nigeria, which got 3600 tonnes of orders. The top companies to receive these orders are Indiagrow Inc, Salt Trans Co., and Hyeonbly Walk, with 900 tonnes each at the price band of 2155 USD to 2160 USD/ per tonne.