CAIRO: Egypt’s Alexandria Cotton Exporters’ Association (Alcotexa) committed to sell 1,034 tons of cotton in the week that ended on Aug. 14, an Alcotexa official said on Sunday.
The sales comprised 309 tons of Giza 88 and 725 tons of Giza 86, the official said.
The deal brings Alcotexa’s export commitments for the 2009/10 season, which began in September, to 81,402 tons of cotton worth $197.05 million, the official said.
Egypt expected to export 80,000 tons of cotton this season, the agriculture minister said in February.
By this time last year, Alcotexa had sold 24,775 tons of cotton worth $62.47 million.
