Egypt issued a second tender in April to purchase vegoils


According to market participants, Egypt’s state buyer GASC has issued a tender to purchase 10 KMT of sunflower oil and 30 KMT of soybean oil. The vegoils are to be delivered between 1-15 July, 2018, reports UkrAgroConsult.

As a reminder, 22.5 KMT of sunflower oil and 27 KMT soybean oil were bought in the previous tender held on April 12, 2018. Sunflower oil was bought at a price of USD 813/MT. The soybean oil was purchased for EGP 13965/MT (USD 791.22/MT).

The delivery period of soybean oil is June 1-15, sunflower oil – June 15-30, 2018.

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



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