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Egypt's GASC postpones raw sugar tender until Sept. 3

Published August 24, 2016 Updated August 24, 2016 06:47pm

1 min

By Shoaib Ur Rehman

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ABU DHABI: Egypt's General Authority for Supply Commodities on Wednesday said it postponed the deadline for bids on its international tender for raw sugar until Sept. 3.

GASC Vice Chairman Ahmed Youssef gave no reason for the delay.

The sugar is sought for arrival between Oct. 15-30. Offers are to be made on a cost and freight basis, with a minimum offer of 50,000 tonnes.

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