Egypt's Alcotexa sells 3,167 tonnes cotton in past week

Reuters, Sunday 30 Oct 2011

Deal brings cotton exporters' association commitments for the 2011/12 season to 11,470 tonnes

Egypt's Alexandria Cotton Exporters' Association (Alcotexa) committed to sell 3,167 tonnes of cotton in the week that ended on 29 October, an Alcotexa official told Reuters on Sunday.

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.

Short link: