Egypt’s Alcotexa sells 965 T cotton in past week

DNE
DNE
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CAIRO: Egypt’s Alexandria Cotton Exporters’ Association (Alcotexa) committed to sell 965 tonnes of cotton in the week which ended on Oct. 1, an Alcotexa official told Reuters on Sunday.

The sales comprised 540 tons of Giza 88 and 425 tons of Giza 86.

The deal brings Alcotexa’s export commitments for the 2011/2012 season, which began in Sept. 2011, to 3,847 tons of cotton.

Alcotexa did not announce the price for the new season yet, the official said.

By this time last year, Alcotexa had sold 18,524 tons of cotton.

 

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