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 on terms of a 180-day payment delay, UkrAgroConsult reports.
The vegetable oils are to be delivered on September 1-20, 2020.
The deadline for bidding is July 8, 2020.
As a reminder, Egypt bought 59 KMT of soybean oil from the domestic market in the previous tender held on June 21, 2020.
On July 1, 2020, the Ukrainian government and grain traders signed a memorandum on grain trade rules in MY 2020/21