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Egypt's GASC buys 12,000 tonnes of sunflower oil

Egypt's state grains buyer, the General Authority for Supply Commodities (GASC) said on Wednesday it had bought 12,000 tonnes of sunflower oil in an international tender for arrival between December 1 and 15.

Adds purchase price, detail from traders

CAIRO, Sept 22 (Reuters) - Egypt's state grains buyer, the General Authority for Supply Commodities (GASC) said on Wednesday it had bought 12,000 tonnes of sunflower oil in an international tender for arrival between December 1 and 15.

No purchase was made of 30,000 tonnes of soyoil also sought.

GASC gave no further details.

European traders said the sunflower oil was bought at $1,288 a tonne c&f from trading house Viterra with immediate payment terms.

GASC sought offers for the import of soyoil and sunflower oil with payment through 180-day letters of credit or at sight (immediate payment) for arrival in Egypt between Nov. 15-30 and/or Dec. 1-15.

Offers in the tender were submitted earlier on Wednesday.

In its last tender on Sept. 2, GASC bought 10,000 tonnes of soyoil at $1,310 a tonne c&f and 19,000 tonnes of sunflower oil at $1,240 a tonne c&f for arrival between Oct. 20 and Nov. 5.

(Reporting by Nafisa Eltahir and Michael Hogan in Hamburg. Editing by Jane Merriman)

((Nafisa.Eltahir@thomsonreuters.com;))

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