Egypt’s cotton exports witness decline by 36.7 percent

Egypt’s total cotton exports declined by 36.7 percent, falling to 128,300 quintals during the first quarter of the 2017-2018 agricultural season ending November compared to 202,500 quintals during the same period in the previous season. A quintal equals 45.02 kilograms, according to the Central Agency for Public Mobilization and Statistics (CAPMAS).

The CAPMAS attributed this decline to decreasing area cultivated with cotton.

The quantity of cotton consumed domestically has reached 44,500 kantars during that quarter (September- November 2017) compared to 107,000 qunitals in the same period of the previous season, declining by 58.4 percent, as some cotton mills stopped production.

However, due to the accumulation of the crop from the previous season, the quantity of treated cotton rose to 515.9 thousand metric quintals during the same mentioned period, compared to 263.8 thousand quintals an increase of 95.5 percent during the same period of the previous season.

Recent Posts

VIP Clothing expands portfolio with premium products

VIP Clothing has entered a new market segment with the launch of branded handkerchiefs while also expanding its presence within…

2 hours ago

Cotecna launches advanced testing laboratory in Tirupur

Cotecna has officially opened its new Softlines Testing Laboratory in Tirupur. The inauguration was led by Amit Chopra, along with…

2 hours ago

Loop Industries expands recycling technology to Europe and India

Loop Industries has raised €10 mn through a convertible preferred security agreement with Reed Societe Generale Group, an entity under…

1 day ago

OJAS and Maharishi collaborate on capsule collection

OJAS has partnered with Maharishi for a capsule collection in military-inspired aesthetics featuring Maharishi’s Original Snopants, sweatshirt, and a tote…

1 day ago

Red Run expands into menswear with Drop 1 collection

Red Run has announced its foray into menswear with menswear collection, titled ‘Drop 1,’ featuring 10 essential pieces designed for…

2 days ago

INEOS Styrolution launches recycled polystyrene yoghurt cups

INEOS Styrolution, a global leader in styrenics, has successfully completed its first project involving mechanically recycled polystyrene in yoghurt cups.

2 days ago