CAIRO: Egypt’s Alexandria Cotton Exporters’ Association (Alcotexa) committed to sell 7,316 tons of cotton in the two weeks that ended on Feb. 5, an Alcotexa official told Reuters on Monday.
The sales comprised 62 tons of Giza 45, 10 tons of Giza 88, 2,226 tons of Giza 88, 4,746 tons of Giza 86, 250 tons of Giza 80 and 22 tons of Giza 90, the official said.
The deal brings Alcotexa’s export commitments for the 2010/11 season, which began in September 2010, to 100,095 tons of cotton worth $391.29 million, the official said.
By this time last year, Alcotexa had sold 55,520 tons of cotton worth $124.32 million.
