Bloomberg the Company & Products

Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us

Egypt Agreed to Ship Out 867 Tons of Cotton Last Week

Don't Miss Out —
Follow us on:

May 28 (Bloomberg) -- Egypt agreed to export 867 metric tons of cotton in the week through May 24, the Alexandria Cotton Exporters Association said today in its weekly bulletin.

The country has shipped 74,583 tons of cotton, valued at $234.2 million, since the marketing year began Sept. 1. Of last week’s agreed sales, 221 tons were of the Giza 88 variety, while Giza 86 accounted for 639 tons, Giza 87 for 4 tons and 3 tons of Giza 77xs6 were sold, the association 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: Claudia Carpenter at ccarpenter2@bloomberg.net

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.