Egyptian Yarn Sales Increased 200% in June
MR. Fetouh Abd El Majid, (President Of Delta For Spinning And Weaving Company) stated that local yarn sales had a steady increase in local markets reached to 300 tons in June compared to 100 tons in last February and March by an increase of 200 %
Egytex News Desk
Source: Ahram Newspaper
MR. Fetouh Abd El Majid, (President Of Delta For Spinning And Weaving Company) stated that local yarn sales had a steady increase in local markets reached to 300 tons in June compared to 100 tons in last February and March by an increase of 200 %.
Mr. Fetouh said that this was due to the Government's procedures to support local yarn by 275 piaster for each kilogram of yarn which enabled the companies to cut prices of local yarn by 25% and that now local yarn prices are sold less than the imported.
Source: Ahram Newspaper
From the Egytex news archive, first published on 1 August 2009. Figures and names are as reported at the time.
