MARKET DEVELOPMENT
Egypt seeks Malaysian RBD palm oil, stearin -trade
Egypt seeks Malaysian RBD palm oil, stearin -trade
KUALA LUMPUR, Jan 9 (Reuters) - Egypt's state Holding Company for FoodIndustries (HCFI) is seeking to buy at least 10,000 tonnes of MalaysianRBD palm oil and 15,000 tonnes of palm stearin,both for February shipment,traders said on Wednesday.They said HCFI has an option to double the quantity.February RBD palm oil was offered at $345 a tonne FOB in Malaysia at theclose on Tuesday. February palm stearin was offered at $270 a tonne.