Alcotexa sells 4,336T cotton in last week

CAIRO : Egypt 's Alexandria Cotton Exporters' Association (Alcotexa) committed to sell 4,336 tonnes of cotton in the we

Published January 23, 2012 Updated January 23, 2012 07:26am

1 min

By Muhammad Iqbal

The sales comprised 1,174 tonnes of the Giza 88 grade of cotton and 3,162 tonnes of Giza 86 grade, the official said.

The deal brings Alcotexa's export commitments for the 2011/12 season, which began in September 2011, to 39,846 tonnes worth $130.13 million.

By this time last year, Alcotexa had sold 92,779 tonnes of cotton worth $350.72 million.

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