Egypt Alcotexa sells 1,325 T cotton in past week

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Egypt’s Alexandria Cotton Exporters’ Association (Alcotexa) committed to sell 1,325 tons of cotton in the week that ended on Oct. 30, an Alcotexa official told Reuters on Sunday.

The sales comprised 215 tons of Giza 88 and 1,110 tons of Giza 86, the official said.

Alcotexa’s export commitments for the 2010/11 season, which began in September, are now 80,283 tons of cotton worth $283.65 million, the official said.

By this time last year, Alcotexa had sold 14,724 tons of cotton worth $30.75 million.

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