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.
More detailed information on the latest trends in grain exports, supply and demand balances with breakdown by crop, price behavior, crop conditions and progress in harvesting/planting in the countries of Black Sea Region is available to subscribers for Online Analytics “Black Sea Grain” in the new innovative tool for agri market participants – AgriSupp by UkrAgroConsult. Subscribe to a 3-day free trial!!
Start using analytical data and increase your efficiency now!
Register to get your demo access: http://agrisupp.com/en/register/1
Read also
Rising diesel costs threaten palm oil production in Indonesia and Malaysia
Ukraine seeks international support to restore seaborne agricultural exports
Extreme heat in China threatens corn and soybean harvest
FAO Food Price Index remained virtually unchanged in June
Ukraine expands concessional loan program to support farmers
Got additional questions?
We will be happy to assist!
Write to us
Our manager will contact you soon