Egypt purchased 76 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 March 19, 2020.

The breakdown of the purchases is as follows:

Vegetable oil

Quantity, KMT

Shipper

Price

Delivery period

EGP/MT

USD/MT

Soybean oil

30

Hakan Agro

–

634.5

20.05–10.06.20

Soybean oil

30

Hakan Agro

–

634.5

15.06–05.07.20

Sunflower oil

60

Glencore

–

676.5

20.05–10.06.20

Total

120

 

 

 

 

The vegoils were bought on terms of a 180-day payment delay.

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