Egypt’s Alexandria Cotton Exporters’ Association (Alcotexa) committed to sell 200 tons of Giza 86 cotton in the week that ended on May 1, an Alcotexa official told Reuters on Sunday.
The deal brings Alcotexa’s export commitments for the 2009/10 season, which began in September, to 68,553.8 tons of cotton worth $158.76 million, the official said.
Egypt expects to export 80,000 tons of cotton this season, the agriculture minister said in February.
By this time last year, Alcotexa had sold 15,347 tons of cotton worth $40.73 million.
