Markets

Lowest offer in Egypt's GASC sugar tender at $634.60 per tonne

Published October 15, 2016 Updated October 15, 2016 01:31pm

CAIRO: Egypt's state buyer Gasc received offers from three suppliers for its white sugar tender on Saturday, Cairo-based traders said.

The lowest offer was for 34,000 tonnes at $634.60 a tonne cost, insurance and freight.

A fourth supplier Union was barred from participating in the tender.

Copyright Reuters, 2016