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Egypt's GASC receives offers at vegetable oil tender
CAIRO: An Egyptian state purchase tender for soyoil drew a lowest offer of $699.21 per tonne for 30,000 tonnes, trad
CAIRO: An Egyptian state purchase tender for soyoil drew a lowest offer of $699.21 per tonne for 30,000 tonnes, trade sources said on Tuesday.
The lowest offer for sunflower oil was $719.00 a tonne for 10,000 tonnes, traders said.
Egypt's state buyer GASC is seeking the vegetable oil for arrival Oct. 25-Nov. 10.
Results are expected to be announced later on Tuesday.
Traders gave the following breakdown of the offers presented at the tender in dollars per tonne, on a cost and freight basis, unless otherwise stated:
Glencore: 30,000 tonnes of soyoil at $725.00, and 12,000 tonnes of sunflower oil at $730.00.
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