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Cotton exports of Egypt decline by 38.4pc in Q4 of agricultural season

Related Keywords: 000 qantar, CAPMAS, decline in areas of cultivated cotton, dropped by 38.4 percent, Egypt aims to double production, Egypt cotton exports, famous for high quality, fourth quarter, long fibers, standing at 86, state statistics agency, this agricultural season

Egypt’s cotton exports in the fourth quarter of the agricultural season 2016/2017, from June-August 2017 dropped by 38.4 percent standing at 86,000 qantar (157.7kg), compared with around 140,000 qantar in the same period last year due to decline in the areas of cultivated cotton, as per CAPMAS, state statistics agency.

According to CAPMAS, India came as the top country importing Egyptian cotton, with almost 36,000 qantar, representing 41.5 percent of Egypt’s exports in the period between June and August 2017.

Egyptian famed cotton industry sees revival

Related Keywords: Cotton Egypt Association, cotton industry is starting to revive, demand of cotton attributed, Egypt cotton exports, first quarter of the planting season, international market, jumped by more than sixty three percent, record cotton prices, short- and medium staple varieties, state run Central Agency for Public Mobilization and Statistics

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.

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