In tender, Egypt only purchased soybean oil 7 May, 2020 at 14:05

Egypt’s state buyer GASC purchased 60 KMT of soybean oil through a tender held on May 6, 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

-

623.5

10-30.07.20

Soybean oil

30

ADM

-

623.5

10-30.07.20

Total

60

 

 

 

 

 

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

Sunflower oil price turned out to be uncompetitive - the premium was USD 120/MT.