Egypt purchased 61 KMT of vegoil in a tender


Egypt’s state grain buyer GASC purchased 61 KMT of vegoils in a tender held on July 2, 2017. These included 31 KMT of sunoil and 30 KMT of soybean oil.

The sunoil was bought from the following companies: 10 KMT from ADM for a price of USD 794.5/MT C&F, 10 KMT from Olam at USD 794.5/MT C&F, and 11 KMT from Aston at USD 794.5/MT C&F.

The soybean oil was bought from Olam (20 KMT at a price of USD 798.5/MT C&F) and Cargill (10 KMT at EGP 13,875/MT that is equivalent to USD 771/MT). The delivery is to be completed from September 5-20, 2017.



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