Egypt's Alcotexa Sells 3,167 T CottonSource: Reuters 10/30/2011, Location: Africa |
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Egypt's Alexandria Cotton Exporters' Association (Alcotexa) committed to sell 3,167 tonnes of cotton in the week that ended on October 29, an Alcotexa official told Reuters. The sales comprised 1,197 tonnes of Giza 88 and 1,970 tonnes of Giza 86. The deal brings Alcotexa's export commitments for the 2011/2012 season, which began in September 2011, to 11,470 tonnes. Alcotexa did not announce cotton price for the new season yet, the official said. By this time last year, Alcotexa had sold 80,283 tonnes of cotton.
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