By Mohamed Samir / Reuters
CAIRO: Egypt’s Alexandria Cotton Exporters’ Association (Alcotexa) committed to sell 951 tons of cotton in the week that ended on April 14, an Alcotexa official said on Tuesday.
The sales comprised 569 tons of Giza 88 grade cotton and 382 tons of Giza 86, the official said.
The deals bring Alcotexa’s export commitments for the 2011/12 season, which began in September 2011, to 67,940 tons, worth $213.7 million.
By this time last year, Alcotexa had sold 110,213 tons of cotton worth $452.98 million.
