Egypt’s Alcotexa sells 1,209 T cotton in past week

DNE
DNE
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CAIRO: Egypt’s Alexandria Cotton Exporters’ Association (Alcotexa) committed to sell 1,209 tons of cotton in the week that ended on Dec. 4, an Alcotexa official told Reuters on Sunday.

The sales comprised 421 tons of the Giza 88 variety and 788 tons of Giza 86, the official said.

Alcotexa’s export commitments for the 2010/11 season, which began in September, are now 84,199 tons of cotton worth $304.67 million, the official said.

By this time last year, Alcotexa had sold 35,705 tons of cotton worth $78.5 million.

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