Egypt Cotton Exports Reach 1,267 Tons in Week Ending Nov. 8

Egypt agreed to export 1,267 metric tons of cotton in the week ending Nov. 8, according to the Alexandria Cotton Exporters Association.

The country has shipped 8,164 tons of the fiber, valued at $23.3 million, since Sept. 1, the association said today in its weekly bulletin. Exports in the latest week included 269 tons of the Giza 88 variety and 998 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, and is used in high-quality clothing. Switzerland, Bangladesh and India are the top importers of Egyptian cotton.

To contact the reporter on this story: Abdel Latif Wahba in Cairo at alatifwahba@bloomberg.net

To contact the editor responsible for this story: Shaji Mathew at shajimathew@bloomberg.net

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