Egypt: 35 KMT of soybean oil purchased in a tender for Egyptian pounds


The Egyptian state buyer GASC purchased 35 KMT of soybean oil in a tender held on August 24, 2017, reports UkrAgroConsult.

According to market participants, the soybean oil was bought at a price of EGP 14,580 (equivalent of USD 824/MT) from Cargill and Alex (10 KMT and 25 KMT, respectively). The delivery period is October 15-30, 2017.

No purchase of sunoil is reported.

More detailed information on tenders is available to subscribers for weekly market report "Black Sea Grain & Oil" by UkrAgroConsult.

Further prospects of the oilseeds/vegoils market in the Black Sea region countries will be discussed at the V International Conference “Black Sea Oil Trade”, which will take place on September 19, 2017 in Hilton hotel, Kiev, Ukraine.

Annual International Conference “Black Sea Oil Trade” – is an effective platform, providing oilseed industry operators with vast networking opportunities, exclusive analytics of Ukrainian and Black Sea agri market, insights for development of the long term business strategies.

Conference participants are represented by producers and crushers of oilseeds, traders, enterprises for deep processing of vegetable oils, agriholdings, investment companies, banks, legal, shipping, brokerage, insurance, surveyor companies etc.

Early Bird registration rate is available! Market operators from 20 countries have already registered to take part. 

Follow the updates, Agenda and Speakers at the conference website.




Readers choice: TOP-5 articles of the month by UkrAgroConsult