Egypt’s cotton exports witness decline by 36.7 percent

YarnsandFibers News Bureau 2018-02-28 12:00:00 – Cairo

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.

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