Egypt GASC buys 93,500 T soybean oil, sunflower oil Oct. 7, 2016

Egypt's state-buyer, the General Authority for Supply Commodities (GASC) on Thursday, October 6, bought 60,000 MT of soybean oil and 33,500 MT of sunflower oil for arrival Nov 1-30:

• 30,000 MT of soybean oil from Glencore at 815 $/mt c&f;
• 30,000 MT of soybean oil from Nidera at 818 $/mt c&f;
• 10,000 MT of sunflower oil from ADM at 798 $/mt c&f;
• 11,500 MT of sunflower oil from Aston at 798 $/mt c&f;
• 12,000 MT of sunflower oil from Engelhart at 798 $/mt c&f

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

• Glencore: 30,000 MT of soybean oil at 816 $/mt c&f and 15,000 MT of sunflower oil at 802 $/mt c&f
• ADM: 10,000 MT of sunflower oil at 799 $/mt c&f
• Nidera: 30,000 MT of soybean oil at 818 $/mt c&f
• Aston: 11,500 MT of sunflower oil at 799.92 $/mt c&f
• Cofco: 10,000 MT of sunflower oil at 805.50 $/mt c&f
• Engelhart: 12,000 MT of sunflower oil at 800 $/mt c&f