Egypt's GASC cancels tender for soyoil, sunflower oil

The lowest offer for sunflower oil at the same tender was $768 a tonne

  

DUBAI/HAMBURG- Egypt's state buyer, the General Authority for Supply Commodities (GASC), said on Wednesday it canceled an international tender for soyoil oil and sunflower oil.

GASC did not give a reason for the cancellation but traders cited high prices.

GASC was seeking at least 30,000 tonnes of soyoil and 10,000 tonnes of sunflower oil for arrival Sept. 10-30, for immediate or deferred payment.

(Reporting by Maha El Dahan and Michael Hogan; editing by Jason Neely) ((Maha.Dahan@thomsonreuters.com; + 9712 4082101; Reuters Messaging: maha.dahan.thomsonreuters.com@reuters.net))

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