Egypt Cotton Exports Reach 1,978 Tons in Week Ended January 17

Egypt agreed to export 1,978 metric tons of cotton in the week ended Jan. 17, according to the Alexandria Cotton Exporters Association.

The country has shipped 33,115 tons of the fiber, valued at $95.1 million, since Sept. 1, the association said today in its weekly bulletin. Exports last week included 46 tons of the Giza 88 variety and 1,932 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: Salma El Wardany in Cairo at selwardany@bloomberg.net

To contact the editor responsible for this story: Andrew J. Barden at barden@bloomberg.net

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