Egypt's Alexandria Cotton Exporters' Association (Alcotexa) committed to sell 200 tonnes of Giza 86 cotton in the week that ended on April 3, an Alcotexa official told Reuters on Tuesday. The deal brings Alcotexa's export commitments for the 2009/10 season, which began in September, to 67,145.3 tonnes of cotton worth $154.8 million, the official said.
By this time last year Alcotexa had committed to sell 13,197 tonnes of cotton worth $35.47 million. Egypt expects to export 80,000 tonnes of cotton this season, the agriculture minister said in February.
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