Markets

Egypt's GASC receives offers for soyoil, sunflower oil in tender

Published February 15, 2017 Updated February 15, 2017 12:58pm

CAIRO: The lowest offer for soyoil presented at an international purchase tender by Egypt's state buyer on Wednesday was for $820 a tonne cost and freight, traders said.

The offer was for 30,000 tonnes and for arrival in April.

The initial tender announcement had called for arrival until March 30.

The tender also saw offers of sunflower oil, with a lowest bid at $799 a tonne c&f for 30,000 tonnes for arrival in March, traders said.

Copyright Reuters, 2017