Source: Oleoscope (Russia)
On October 15, the Egyptian state agency GASC will hold another international tender for the purchase of vegetable oil with delivery from January 1 to 15, 2025.
The tender is to procure 30,000 tons of soybean oil and 10,000 tons of sunflower oil with immediate payment. The procurement will be financed by the International Islamic Trade and Finance Corporation (ITFC), reports GrainOnline.
On the same day, GASC will also issue a tender for the procurement of domestic soybean oil.
Previously, the Egyptian GASC had purchased seven times more sunflower oil than planned under similar contract conditions. The contractually agreed price exceeded the original price.