The Egyptian state buyer GASC purchased 11.5 KMT of sunflower oil and 20 KMT soybean oil in a tender held on September 13, 2018, reports UkrAgroConsult.
According to market participants, the sunflower oil was bought from Aston (11.5 KMT at a price of USD 736,00/MT) and the soybean oil was bought from Watanya/Cargill (20 KMT at a price of EGP 12040/MT, USD 672.25/MT).
The delivery period is October 16-31, 2018.
More detailed information on tenders is available to subscribers for weekly market report “Black Sea Vegoils” by UkrAgroConsult.
Further prospects of the Black Sea oilseeds/vegoils market will be discussed at the VI International Conference “Black Sea Oil Trade”, which will take place on September 20, 2018 in Hilton hotel, Kiev, Ukraine. Delegates from 20 countries have already registered for participation in the International Conference «Black Sea Oil Trade». Conference participants are usually represented by producers and crushers of oilseeds, traders, enterprises for deep processing of vegetable oils, investment companies, banks, law, shipping, brokerage, insurance and surveyor companies.