Egyptian Cotton Exports Reach 1,200 Tons in Week Ending Feb. 7


Egypt agreed to export 1,200 metric tons of cotton in the week ending Feb. 7, according to the Alexandria Cotton Exporters Association.

The country has shipped 37,194 tons of the fiber, valued at $107.2 million, since Sept. 1, the association said today in its weekly bulletin. Exports in the past week included 350 tons of the Giza 88 variety and 850 tons of Giza 86, it said.

Egypt produces the world’s finest extra-long staple cotton, which is stronger and softer than shorter staple cotton. The cotton is used in high-quality clothing. Switzerland, Bangladesh and India are the top importers of Egyptian cotton.

Source: Bloomberg