Egypt's GASC says seeks vegoils in tender for Oct. 1-20 arrival

GASC said it wanted offers for at least 30,000 tonnes of soyoil and 10,000 tonnes of sunflower oil

  
Image used for illustrative purpose. A horse grazes next to a soybean field in Argentina's town of Estacion Islas April 3, 2010.

Image used for illustrative purpose. A horse grazes next to a soybean field in Argentina's town of Estacion Islas April 3, 2010.

REUTERS/Enrique Marcarian

CAIRO - Egypt's state grains buyer, the General Authority for Supply Commodities (GASC) said on Friday it was seeking soyoil and sunflower oil in an international purchasing tender for arrival Oct. 1-20.

GASC said traders should submit bids for payment with 180-day letters of credit and at sight, and that it would choose between both offers. The deadline for offers is Tuesday.

GASC said it wanted offers for at least 30,000 tonnes of soyoil and 10,000 tonnes of sunflower oil.

GASC will also be tendering for domestic vegetable oils on Tuesday, the supply ministry said in a statement, where it is seeking quantities of at least 3,000 tonnes of soyoil and 1,000 tonnes of sunflower oil.

The arrival period for the local vegetable oils would also be Oct. 1-20.

(Reporting by Nadine Awadalla; Editing by Leslie Adler and Marguerita Choy) ((Nadine.Awadalla@thomsonreuters.com;))


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