By
Reuters
Reuters
Published
Mar 22, 2010
Mar 22, 2010
Egypt's Alcotexa sells 3,759 tonnes of cotton in past week
By
Reuters
Reuters
Published
Mar 22, 2010
Mar 22, 2010
CAIRO (Reuters) - Egypt's Alexandria Cotton Exporters' Association (Alcotexa) committed to sell 3,759 tonnes of cotton in the week that ended on March 20, an Alcotexa official told Reuters on Sunday 21 March.
The sales comprised 2,427 tonnes of Giza 86, 713 tonnes of Giza 88, 310 tonnes of Giza 87, 200 tonnes of Giza 70, 85 tonnes of Giza 80 and 24 tonnes of Giza 92, the official said.
The deal brings Alcotexa's export commitments for the 2009/10 season, which began in September, to 65,770.3 tonnes of cotton worth $150.97 million, the official said.
By this time last year Alcotexa had committed to sell 12,922 tonnes of cotton worth $34.39 million.
Egypt expects to export 80,000 tonnes of cotton this season, the agriculture minister said last month.
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