75% Decline in the use of Egyptian cotton & greater reliance on the imported
Egytex News Desk
Source: Al Masry Al Youm
The report referred to the decline of in quantities of cotton used by 21.7%, to reach 574 thousands kantars.
The report explained that there is a reduction in total consumption of the Egyptian cotton in local spinners to reach 155 thousands kantars during the period Dec. 2008 & Feb. 2009 by a percentage decrease of 75%, where it comes at a time the consumption of imported cotton reaches 391 thousands kantars by an increase of 407% over the same period last year.
The report confirmed that the decline attained 50% in the cotton ginning process to reach to total quality of 1,2 million kantar compared to 2,5million before.
DR. Hany Aelma, chairman of the board of directors of the Arab Company for cotton ginning, said that this reduction was due to the lack of appropriate amounts of domestic production of cotton.
Dr. Hany said that some governmental gins are completely stopped & it's continuing is just as a safe for the workers, referring to that activating these gins depends on increasing production.
He also ensures that because of the world crisis, the global demand decreased and that's why the quantity of cotton used decreased.
Source: Al Masry Al Youm
From the Egytex news archive, first published on 27 July 2009. Figures and names are as reported at the time.
