CAIRO: Egypt’s Alexandria Cotton Exporters’ Association (Alcotexa) committed to sell 906 tons of cotton in the week that ended on July 3, an Alcotexa official told Reuters on Sunday.
The sales comprised 150 tons of Giza 87, 372 tons of Giza 88 and 384 tons of Giza 86, the official said.
The deal brings Alcotexa’s export commitments for the 2009/10 season, which began in September, to 76,222 tons of cotton worth $181.1 million, the official said.
Egypt expects to export 80,000 tons of cotton this season, the agriculture minister said in February.
By this time last year, Alcotexa had sold 21,910 tons of cotton worth $54.5 million.