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December 27, 2011

 

Egyptian Alcotexa sells 1,775 tonnes of cotton

 

 

Egypt's Alexandria Cotton Exporters' Association (Alcotexa) sold 1,775 tonnes of cotton in the week that ended on December 24 (Sat), according to an Alcotexa official.

 

The sales comprised 825 tonnes of the Giza 88 grade of cotton and 950 tonnes of Giza 86 grades, the official said.

 

The deal brings Alcotexa's export commitments for the 2011/12 season, which began in September 2011, to 25,204 tonnes worth US$87.33 million.

 

By this time last year, Alcotexa had sold 89,355 tonnes of cotton worth US$332.2 million.

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