Egypt's Alexandria Cotton Exporters' Association (Alcotexa) committed to sell 951 tonnes of cotton in the week that ended on April 14, an Alcotexa official said on Tuesday. The sales comprised 569 tonnes of Giza 88 grade cotton and 382 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 67,940 tonnes, worth $213.7 million. By this time last year, Alcotexa had sold 110,213 tonnes of cotton worth $452.98 million.