Egypt's Alcotexa sells 992 Tons Cotton in the Past Week
Egypt's Alexandria Cotton Exporters' Association (Alcotexa) committed to sell 992 tonnes of cotton in the week that ended on July 10, an Alcotexa official told Reuters on Sunday.
The sales comprised 250 tonnes of Giza 70, 221 tonnes of Giza 88 and 521 tonnes of Giza 86, the official said.
The deal brings Alcotexa's export commitments for the 2009/10 season, which began in September, to 77,214 tonnes of cotton worth $183.96 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 22,801 tonnes of cotton worth $56.1 million.
Source: Reuters
From the Egytex news archive, first published on 12 July 2010. Figures and names are as reported at the time.