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Alcotexa sells 148 T cotton

Cairo, August 22, 2010

Egypt's Alexandria Cotton Exporters' Association (Alcotexa) committed to sell 148 tonnes of cotton in the week that ended on Aug 21, an Alcotexa official told Reuters on Sunday.

The sales comprised 33 tonnes of Giza 88 and 115 tonnes of Giza 86, the official said.

The deal brings Alcotexa's export commitments for the 2009/10 season, which began in September, to 81,550 tonnes of cotton worth $197.68 million, the official said.   

Egypt expects to export 80,000 tonnes of cotton this season, the agriculture minister said in February. By this time last year, Alcotexa had sold 24,875 tonnes of cotton worth $62.69 million. - Reuters




Tags: Egypt | cotton | Giza | Alcotexa |

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