Markets

Egypt's Alcotexa sells 1,259 T cotton in past week

Published December 12, 2011 Updated December 12, 2011 10:40am

The sales comprised 709 tonnes of Giza 88 and 550 tonnes of Giza 86, the official said.

The deal brings Alcotexa's export commitments for the 2011/2012 season, which began in Sept. 2011, to 21,701 tonnes worth $76.8 million.

By this time last year, Alcotexa had sold 85,644 tonnes of cotton worth $312.76 million.

Copyright Reuters, 2011