Egypt sells 1,538 tonnes of cotton

Egypt's Alexandria Cotton Exporters' Association (Alcotexa) committed to sell 1,538 tonnes of cotton in the week that ended on January 16, an Alcotexa official told Reuters on Monday. The sales comprised 25 tonnes of Giza 87, 1,242 tonnes of Giza 88 and 271 tonnes of Giza 86, the official said. The deal brings Alcotexa's export commitments for the 2009/10 season, which began in September, to 52,693 tonnes of cotton worth $117.3 million, the official said.