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    The Egyptian Cotton Association Says The Export Of Cotton Is Only 6854 Tons This Quarter.

    2011/10/26 11:33:00 13

    Egyptian Cotton Association Sales

    The USDA Commissioner for agriculture in Egypt said that the export demand for Egyptian cotton crops in the 2011/12 market was sluggish because traders lacked liquidity and farmers' expectations of prices were higher than the actual market.

    Price


    The current cotton planting area increased by 40% over the previous year, and its output increased by 37%.


    But Alexander cotton in Egypt.

    Exit

    According to the Alcotexa report, as of October, 15 Japanese cotton exports were only 6854 tons, far below the 110000 tons in the same period last year.


    The Egyptian government's budget deficit absorbed the Liquidity Fund and led to it.

    interest rate

    Rise.

    Farmers are still looking for high prices last year, but traders expect prices to go further.


    Under such circumstances, banks are also unwilling to invest in the purchase of raw cotton from farmers.

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    Textile Trade Opens Up New Markets In The US

    According to foreign media reports, Kim Glass, Assistant Vice Minister of textiles and clothing office of the US Department of Commerce (KimGlas) recently said that the United States will expand its exports of textiles and clothing in 2014, especially for its trading partners in the Americas. According to the plan, the export volume of US textiles will increase by 15% to 30 billion US dollars in three years.

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