# Egypt's GASC gets offers in soyoil, sunflower oil tender - Markets - Business Recorder

> Egypt's state agency GASC received offers in an international tender to buy at least 30,000 tonnes of soyoil, with the lowest offer around $1,072 a tonne c&f for immediate payment. Cargill offered soyoil at $1,080 for 180-day payment, and sunflower oil offers were also submitted, with no purchase made yet.

- Date: 2021-02-11 · published 2021-02-11T12:00:00.000Z
- Category: trade · region Egypt · magnitude low
- Page: https://feedsoft.ai/events/48730-egypt-s-gasc-gets-offers-in-soyoil-sunflower-oil-tender-markets-business
- Commodities: [Soybean Oil](https://feedsoft.ai/c/SBO.md)

## Why it matters

The tender's price levels give buyers a read on import demand for vegetable oils in North Africa, and the pending award will show whether Egypt is willing to pay current high prices.

## Read by commodity

- SBO: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SBO | 2018-08-19 | [Vegetable Oil - Markets - Business Recorder](https://feedsoft.ai/events/63615-vegetable-oil-markets-business-recorder.md) | -0.3% | -2.8% |
| SBO | 2024-05-31 | [Malaysian palm oil rises on export outlook - Markets - Business Recorder](https://feedsoft.ai/events/8032-malaysian-palm-oil-rises-on-export-outlook-markets-business-recorder.md) | -1.1% | +0.4% |
| SBO | 2026-06-20 | [Brazil’s soymeal export push challenges Argentina’s dominance - Markets - Business Recorder](https://feedsoft.ai/events/18881-brazil-s-soymeal-export-push-challenges-argentina-s-dominance-markets-business.md) | +1.6% | +7.3% |
| SBO | 2022-12-08 | [EU sunflower seed imports reach record high](https://feedsoft.ai/events/38353-eu-sunflower-seed-imports-reach-record-high.md) | -0.9% | -4.9% |
| SBO | 2019-08-28 | [Singapore's palm-oil plays endure a sullen month - The Business Times](https://feedsoft.ai/events/57681-singapore-s-palm-oil-plays-endure-a-sullen-month-the-business-times.md) | +2.8% | +3.7% |

## Sources

- brecorder.com: https://www.brecorder.com/news/40062953

---
Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.