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Egypt's state-buyer, the General Authority for Supply Commodities (GASC) on Thursday, March 16, bought 75,000 MT of sunflower oil and 30,000 MT of soybean oil for May 10 arrival with 180 days L/C:

  • 30,000 MT of soybean oil from Glencore at 750 $/mt c&f;
  • 40,000 MT of sunflower oil from Glencore at 764 $/mt c&f;
  • 16,500 MT of sunflower oil from Aston at 764 $/mt c&f;
  • 18,500 MT of sunflower oil from Nidera at 764 $/mt c&f

Traders said the following offers were submitted to GASC in the first round of the tender USD/MT, C&F:

  • ADM:
    • 30,000 MT of soybean oil at 768 $/mt and/or
    • 15,000 MT of sunflower oil at 773 $/mt or
    • 30,000 MT of soybean oil at 760 $/mt arrival till May 31, 2017, max offered quantity is 45,000 MT
  • Aston:
    • 11,000 MT of sunflower oil at 768 $/mt or
    • 16,500 MT of sunflower oil at 768 $/mt
  • Nidera:
    • 30,000 MT of soybean oil at 776 $/mt and/or
    • 15,000 MT of sunflower oil at 765.99 $/mt
  • Glencore:
    • 30,000 MT of soybean oil at 759 $/mt and/or
    • 18,500 MT of sunflower oil at 774 $/mt or
    • Combo offer on 1 vessel 15,000 MT of soybean oil at 759 $/mt and 15,000 MT of sunflower oil at 769 $/mt
  • Olam:
    • 30,000 MT of sunflower oil at 772 $/mt and/or
    • 30,000 MT of soybean oil at 759 $/mt
57 Commodity exchange