Alcotexa sells 3,167 T cotton in past week

DNE
DNE
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CAIRO: Egypt’s Alexandria Cotton Exporters’ Association (Alcotexa) committed to sell 3,167 tons of cotton in the week that ended on Oct. 29, an Alcotexa official told Reuters on Sunday.

The sales comprised 1,197 tons of Giza 88 and 1,970 tons of Giza 86.

The deal brings Alcotexa’s export commitments for the 2011/2012 season, which began in September 2011, to 11,470 tons.

Alcotexa did not announce cotton price for the new season yet, the official said.

By this time last year, Alcotexa had sold 80,283 tons of cotton.

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