Within 10 Sep international tender to purchase of vegoils, Egypt’s GASC booked 69.7 KMT of sunflower oil, including 39.7 KMT for shipments on 20 Nov-05 Dec bought at 1045 USD/MT C&F, and 30 KMT for 10-25 Dec at 1047 USD/MT C&F for at sight payment.

The prices are substantially lower compared to the initial offers, with the lowest offer for both shipment periods came in at 1080 USD/MT.

At the same time, the prices are 27-29 USD/MT higher vs the one GASC paid for sunflower oil in its previous tender on 07 Aug.

GASC has not bought soybean oil in the international tender, while purchasing 6.5 KMT of local soybean oil at the price equal to 993 USD/MT.

More info about the development of Ukrainian sunflower oil market you can get in ASAP Agri's weekly report for LSEG.