According to market participants, the Egyptian state buyer GASC has issued a tender to purchase 10 KMT of sunflower oil and 30 KMT of soybean oil for US dollars as well as 5 KMT and 10 KMT of these commodities, respectively, for Egyptian pounds, reports UkrAgroConsult.
The vegetable oils are to be delivered on October 10 - 25, 2019 and October 25, 2019 – November 11, 2019.
The deadline for bidding is September 5, 2019.
As a reminder, Egypt bought 12 KMT of sunflower oil in the previous tender held on August 22, 2019.
Over the last three seasons, sunflower seed crushing has grown in Turkey, owing to an increase in production and imports of raw materials