Egypt purchased 78 KMT of soybean oil through tender
Egypt’s state buyer GASC purchased soybean oil through a tender held on March 4, 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 | ADM | – | 1180 | 1-15.05.2021 |
| Soybean oil | 30 | POSCO | – | 1180 | 1-15.05.2021 |
| Soybean oil | 18 | ALEXSEEDS | 17925 | 1143 | 10-30.04.2021 |
| Total | 78 | ||||
The vegoils were bought in the international tender with payment using a 180-day credit facility.
The sunflower oil offers were rejected because of high prices, the premium is USD 411/MT.
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