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Egypt’s cotton exports jumped by 63.9% during the first quarter of the planting season of 2016/2017, in the period from September to November cotton exports were 202,500 bales compared to 123,600 bales in the same period a year earlier, according to the state-run Central Agency for Public Mobilization and Statistics.
The country’s farmers and exporters said that Egypt’s famed cotton industry is starting to revive following a Central Bank decision to float the pound last November and a crackdown on false Egyptian cotton worldwide.