Egypt's state-owned Food Industries Holding Company (FIHC) has purchased 48,000 tonnes of sunflower oil in a tender for 30,000 tonnes, but rejected offers and made no purchase of 30,000 tonnes of soybean oil, European traders said Wednesday.
Louis Dreyfus sold 30,000 tonnes of sunflower oil at $1,278.00 a tonne, and Toepfer sold 18,000 tonnes of sunflower oil at $1,278.00, traders said.
The tender had sought soybean oil for arrival between 1-31 October and sunflower oil between 1-20 October.
Traders said the offers in the tender were, in dollars per tonne, unless otherwise stated:
* Glencore 10,000 sunflower oil at $1295.00 and/or 10,000 sunflower oil at $1305.00 and 25,000 soybean oil at $1322.00
* Nidera 15,000 sunflower oil at $1284.34 and 30,000 soybean oil at $1280.00
* Toepfer 15,000 sunflower oil at $1284.00 or 18,000 sunflower oil at $1279.00
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