HAMBURG- Egypt’s Delta Sugar Company is believed to have cancelled an international tender to buy up to 160,000 tonnes of raw cane sugar with no purchase made, European traders said on Tuesday.
The tender had closed on Dec. 11 with price offers having to remain valid up to Dec. 13. No reason for the cancellation was given, traders said.
One consignment of 50,000 tonnes and one of 30,000 tonnes were sought for arrival in the second half of January, 2022. Another consignment of 50,000 tonnes plus one of 30,000 tonnes was sought for arrival in the first half of February, 2022.
(Reporting by Michael Hogan, Editing by Louise Heavens) ((michael.j.hogan@thomsonreuters.com; +49 172 671 36 54; Reuters Messaging: michael.hogan.thomsonreuters.com@reuters.net))
