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Alcotexa sells 2,072T cotton in past week: Egypt

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The sales comprised 1,650 tonnes of the Giza 88 grade of cotton and 422 tonnes of Giza 86, the official said. The deal brings Alcotexa's export commitments for the 2011/12 season, which began in September, to 27,276 tonnes worth $94.2 million. By this time last year, Alcotexa had sold 89,870 tonnes of cotton worth $335 million.

Copyright Reuters, 2011