Egypt purchased 120 KMT of vegoils through tender
Egypt’s state buyer GASC purchased 60 KMT of sunflower oil and 60 KMT of soybean oil through a tender held on February 20, 2020.
The breakdown of the purchases is as follows:
Vegetable oil |
Quantity, KMT |
Company |
Price |
Delivery period |
|
EGP/MT |
USD/MT |
||||
Soybean oil |
30 |
Hakan Agro |
– |
767 |
April 10-30, 2020 |
Soybean oil |
30 |
ADM |
– |
767 |
April 10-30, 2020 |
Sunflower oil |
60 |
Glencore |
– |
748 |
April 10-30, 2020 |
Total |
101 |
|
|
|
|
As a reminder, Egypt bought 41.5 KMT of soybean oil from the domestic market in the previous tender held on February 13, 2020.
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