Egypt: about 58 KMT of vegoils purchased in a tender


The Egyptian state buyer GASC purchased 29.5 KMT of sunflower oil and 28.2 KMT soybean oil in a tender held on April 26, 2018, reports UkrAgroConsult.

According to market participants, the sunflower oil was bought from Aston (11.5 KMT) and ADM (18 KMT) at a price of USD 816.5/MT. The soybean oil was bought from Alex Co (13.2 KMT) and Cargill (15 KMT) at a price of USD 781.5/MT.

The delivery period is July 1-15, 2018.

More information on oilseed crops and vegetable oils markets in the countries of Black Sea Region is available to subscribers for weekly market report "Black Sea Vegoils" by UkrAgroConsult.

Further prospects of the Black Sea oilseeds/vegoils market will be discussed at the VI International Conference “Black Sea Oil Trade”, which will take place on September 20, 2018 in Hilton hotel, Kiev, Ukraine.

Annual International Conference “Black Sea Oil Trade” – is an effective platform for networking with oilseed industry operators and discussion of the latest drivers in oilseed and vegoil sector of Ukraine and Black Sea region.

Growing role of Black Sea countries and rising demand for high-quality information and analysis determine significance and importance of “Black Sea Oil Trade” Conference which is entirely devoted to oil and fat sector.

In 2017 International Conference «Black Sea Oil Trade» attracted 250 delegates from 25 countries and 150 companies. Conference participants are usually represented by producers and crushers of oilseeds, traders, enterprises for deep processing of vegetable oils, investment companies, banks, law, shipping, brokerage, insurance and surveyor companies.



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