Ministry: 136,000 Quintals of Cotton Sold in 7 GovernoratesSource: www.export-egypt.com 1/14/2023, Location: Africa |
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The Ministry of Public Business Sector announced that some 136,000 quintals of cotton were sold in auctions held.
In a statement released the ministry said those actions were conducted in the governorates of Beheira, Kafr El-Sheikh, Sharqia, Gharbia, Dakahlia, Menoufia and Ismailia. The highest selling price per quintal was EGP 7,785 in Kafr El-Sheikh governorate. The new system guarantees fair prices for farmers, as cotton selling is implemented through auction, and the pricing policy is in line with global cotton prices. |
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