Egypt sells cotton

Egypt's Alexandria Cotton Exporters' Association (Alcotexa) committed to sell 369 tonnes of cotton in the week that ended on April 7, an Alcotexa official said on Monday. The sales comprised 47 tonnes of Giza 88 grade cotton and 322 tonnes of Giza 86, the official said.
The deals bring Alcotexa's export commitments for the 2011/12 season, which began in September 2011, to 66,989 tonnes, worth $210.8 million, the official said. By this time last year, Alcotexa had sold 110,167 tonnes of cotton worth $452.7 million.