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
