Egypt's Alcotexa sells 46 T cotton in past week

CAIRO: Egypt's Alexandria Cotton Exporters' Association (Alcotexa) committed to sell 46 tonnes of cotton of the Giza 88 variety in the week that ended on March 19, an Alcotexa official told Reuters on Sunday.

Alcotexa's export commitments for the 2010/11 season, which began in September, are now 110,067 tonnes of cotton worth $451.4 million, the official added.

By this time last year, Alcotexa had sold 65,771 tonnes of cotton worth $150.97 million.