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UkrAgroConsult

Egypt’s state buyer GASC purchased 81 KMT of soybean oil through a tender held on April 15, 2021, UkrAgroConsult reports.

The breakdown of the purchases is as follows:

Vegetable oil Quantity, KMT Shipper Price Delivery period
EGP/MT USD/MT
Soybean oil 30 ASTON 1250 June 1-20, 2021
Soybean oil 16 ALEXSEEDS 19265 1223.17 June 5-25, 2021
Soybean oil 15 EL MAGD 19265 1223.17 June 5-25, 2021
Soybean oi 5 EVERGREEN 19265 1223.17 June 5-25, 2021
Soybean oi 15 SOVYEN (CARGILL &ADM) 19265 1223.17 June 5-25, 2021
Total 81        

The vegoil was bought in the international tender with payment using a 180-day credit facility.

Sunflower oil offers were declined because of high prices, the soybean oil price premium in a domestic tender equals USD 415/MT.

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UkrAgroConsult

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