Alexandria cotton deals up from last year

Reuters , Sunday 6 Mar 2011

Export commitments for first quarter show marked climb


Egypt's Alexandria Cotton Exporters' Association (Alcotexa) committed to sell 930 tonnes of cotton of the Giza 86 variety in the week that ended on 5 March, an Alcotexa official told Reuters on Sunday.

Alcotexa's export commitments for the 2010/11 season, which began in September, are now 109,868 tonnes of cotton worth US$447.88 million, the official added.

By this time last year, Alcotexa had sold 58,856 tonnes of cotton worth $132.7 million.

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