Egypt's FIHC buys 30,000 T soybean oil, 37,000 T sunflower oil

29 Sep, 2016

CAIRO/ABU DHABI: Egypt's Food Industries Holding Company (FIHC) bought 30,000 tonnes of soybean oil and 37,000 tonnes of sunflower oil in a tender, Cairo-based traders said.

FIHC purchased the 30,000 tonnes of soybean oil from ADM at $810.50 a tonne cost and freight.

FIHC also bought 10,000 tonnes of sunflower oil from ADM at $791.50 a tonne C&F, 15,000 tonnes of sunflower oil from Glencore at $788.50 a tonne C&F and 12,000 tonnes of sunflower oil from Nidera at $788.50 a tonne C&F.

For a full list of offers presented in the tender click

Copyright Reuters, 2016

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