According to market participants, the Egyptian state buyer GASC has issued a tender to purchase 10 KMT of sunflower oil and 30 KMT of soybean oil for US dollars as well as 2 KMT and 3 KMT of these commodities, respectively, for Egyptian pounds.
The vegetable oils are to be delivered on January 20 – February 5, 2020.
The deadline for bidding is December 11, 2019.
As a reminder, Egypt bought 27.5 KMT of sunflower oil and 50 KMT of soybean oil in the previous tender held on October 23, 2019.
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