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Egypt’s FIHC Buys 24,000 Tons of Sunflower Oil, Traders Say

Food Industries Holding Co., a state-run Egyptian commodities buyer, purchased 24,000 metric tons of sunflower oil at a tender, according to two traders involved in the transaction.

FIHC bought two 12,000-ton cargoes from Toepfer International and Nidera Inc. at $1,132.45 a ton, including cost and freight, for arrival between March 10 and 31, according to the traders. They spoke on condition of anonymity because they lack permission to speak to the media.

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