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Egypt's Alcotexa sells 938 T cotton in past week
Egypt's Alexandria Cotton Exporters' Association (Alcotexa) committed to sell 938 tonnes of cotton in the week that ended May 15, an Alcotexa official told Reuters on Sunday.
Egytex News Desk
Source: Reuters
The sales comprised 63 tonnes of Giza 88 and 875 tonnes of Giza 86, the official said.
The deal brings Alcotexa's export commitments for the 2009/10 season, which began in September, to 69,691.8 tonnes of cotton worth $161.8 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 16,597 tonnes of cotton worth $43.76 million.
Source: Reuters
From the Egytex news archive, first published on 17 May 2010. Figures and names are as reported at the time.
