Egypt's state-buyer, the General Authority for Supply Commodities (GASC) on Wednesday, February 24, bought 61,000 MT of soybean oil and 28,000 MT of sunflower oil for March 15-30 shipment:

  • 31,000 MT of soybean oil from ADM at 741 $/mt c&f
  • 30,000 MT of soybean oil from Nidera at 741 $/mt c&f
  • 12,000 MT of sunflower oil from Nidera at 807 $/mt c&f
  • 16,000 MT of sunflower oil from Aston at 807 $/mt c&f

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

  • ADM:
    • 12,000 MT of sunflower oil at $829 and/or 25,000 MT of soybean oil at $749.69 with 180 days facilities
    • 12,000 MT of sunflower oil at $823 and/or 25,000 MT of soybean oil at $743.69 with 90 days facilities
    • 12,000 MT of sunflower oil at $823 and/or 25,000 MT of soybean oil at $742.69 with 180 days facilities
    • 12,000 MT of sunflower oil at $817 and/or 25,000 MT of soybean oil at $736.69 with 90 days facilities
  • Glencore:
    • 10,000 MT of sunflower oil at $851 and/or 30,000 MT of soybean oil at $755.40 with 180 days facilities
    • 10,000 MT of sunflower oil at $846 and/or 30,000 MT of soybean oil at $750.44 with 90 days facilities
  • Lemeniko:
    • 12,000 MT of sunflower oil at $831 with 180 days facilities or
    • 12,000 MT of sunflower oil at $825 with 90 days facilities or
    • 12,000 MT of sunflower oil at $817 with letter of credit at sight
  • Nidera:
    • 12,000 MT of sunflower oil at $807 and/or 30,000 MT of soybean oil at $749 with 180 days facilities
    • 12,000 MT of sunflower oil at $802 and/or 30,000 MT of soybean oil at $744 with 90 days facilities
  • Aston:
    • 10,500 MT of sunflower oil at $814.80 with 180 days facilities or
    • 10,500 MT of sunflower oil at $808.55 with 90 days facilities or
    • 10,500 MT of sunflower oil at $801.80 with letter of credit at sight
    • 16,000 MT sunflower oil at $814.80 with 180 days facilities or
    • 16,000 MT of sunflower oil at $808.55 with 90 days facilities or
    • 16,000 MT of sunflower oil at $801.80 with letter of credit at sight