Egypt’s Alcotexa sells 50 T cotton in past week

Reuters
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CAIRO: Egypt’s Alexandria Cotton Exporters’ Association (Alcotexa) committed to sell 50 tons of cotton of the Giza 88 variety in the week that ended on April 9, an Alcotexa official told Reuters on Sunday.

Alcotexa’s export commitments for the 2010/11 season, which began in September, are now 110,167 tons of cotton worth $452.7 million, the official added.

By this time last year, Alcotexa had sold 67,545 tons of cotton worth $165.1 million.

 

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