Korea Sesame Tender Updates

The Korea Agro-Fisheries & Food Trade Corporation has launched the second purchase auction for sesame under the 2025 WTO Tariff Rate Quota (TRQ) system. This auction invites importers to bid on 10,000 metric tons of sesame seeds, including BT and non-BT varieties.

To participate, importers must follow the bidding guidelines and submit all required documents on time. Since Korea remains a major sesame importer, this auction creates a valuable opportunity for global suppliers.

Key Auction Details for Sesame Procurement

Korea has structured this procurement round to fulfill its sesame import needs efficiently. Below are the essential details for bidders:

How to Participate in the Auction

To secure a place in the auction, bidders must complete several steps. Here’s what they need to do:

• Confirm Eligibility & Submit Documents: Importers must meet the eligibility criteria and submit all required paperwork before the deadline.
• Deposit Bidding Amount: The auction process requires bidders to submit a bidding deposit as part of their participation.
• Receive Auction Notifications: After submission, authorities will release official bidding notices within 2 to 7 days.
• Submit Final Bids: The auction platform www.atbid.co.kr will close bid submissions on February 24, 2025, at 14:00 KST.
• Attend the Final Bidding Round: The final bidding window remains open on March 4, 2025, from 10:00 to 11:00 KST.

All auction activities will take place at the Korea Agro-Fisheries & Food Trade Corporation headquarters in Seoul. Importers who need assistance can contact the relevant officials directly.

• Address: 227, Munpyeon-dong, Nanu, Seoul, South Korea

Why This Korea Sesame Tender Matters To Suppliers

Since Korea depends on sesame imports, this auction provides a great opportunity for exporters worldwide. By participating, suppliers can tap into Korea’s growing market and expand their global trade presence. The transparent bidding system ensures fair pricing and competitive trade conditions, making it easier for suppliers to secure profitable deals.

Final Thoughts

With 10,000 metric tons of sesame up for bidding, this auction remains a key event for sesame traders and exporters. Importers who want to secure supplies at competitive rates should act quickly and complete their registration on time.

For additional details, visit www.atbid.co.kr or contact the auction office for further assistance.





Click here to reach our trading platfrom CMBroker