September 16, 2003
Iran to Postpone Soybean Oil Tender
The Iranian state-run Government Trading Corporation of Iran (GTC) said it had postponed a tender to buy 15,000 tons of soybean oil as it lay hopes on clinching better prices in the coming days.
GTC said in a statement that the cargo was on an FOB basis for October 15-November 15 shipment. The tender had been issued on Monday.
GTC normally tenders for commodities on Mondays and Wednesdays.