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Egypts Alcotexa sells 921 T cotton in past week
http://www.texglobe.org/ Updated: 2010-5-24 14:10:44 Source: Texglobe-ÐÅÏ¢ÖÐÐÄ

CAIRO (Reuters) - Egypt's Alexandria Cotton Exporters' Association (Alcotexa) committed to sell 921 tonnes of cotton in the week that ended on May 22, an Alcotexa official told Reuters on Sunday.

The sales comprised 250 tonnes of Giza 70, 129 tonnes of Giza 88 and 545 tonnes of Giza 86, the official siad.

The deal brings Alcotexa's export commitments for the 2009/10 season, which began in September, to 70,613 tonnes of cotton worth $164.45 million, the official said.

Egypt expects to export 80,000 tonnes of cotton this season, the agriculture minister said in February.

By this time last year, Alcotexa had sold 16,597 tonnes of cotton worth $43.07 million.

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