CAIRO: Egypt’s Alexandria Cotton Exporters’ Association (Alcotexa) committed to sell 2,757 tons of cotton in the week that ended on Oct. 15, an Alcotexa official told Reuters on Sunday.
The sales comprised 842 tons of Giza 88 and 1,915 tons of Giza 86.
The deal brings Alcotexa’s export commitments for the 2011/2012 season, which began in Sept. 2011, to 6,854 tons of cotton.
Alcotexa did not announce a cotton price for the new season yet, the official said.
By this time last year, Alcotexa had sold 73,116 tons of cotton.
