Feedback Here

fbook  tweeter  linkin YouTube
Global contents also translated in Chinese

Egypt cotton exports up, domestic consumption down

The Egyptian cotton exports increased 50.6 per cent during the second quarter of the agriculture season for the year 2017-18, during the same period of the during the period between September 2017 and February 2018. According to a report by the government-run Central Agency for Public Mobilisation and Statistics (CAPMAS), the total exports of Egyptian cotton reached 508,000 metric kantars during the period between September 2017 and February 2018, up from 337,000 kantars during the same period last year. CAPMAS attributed the hike to the abundance of the ginned cotton crop.

A metric kantar is equivalent to 45 kilogrammes.

CAPMAS added that during the same quarter, the total amount of domestically consumed cotton reached 47,200 kantars, compared to 127,600 kantars last year, a 63 per cent decline caused by an increase in cheap cotton imports.

The amount of ginned cotton reached about 800,000 kantars between December 2017 and February 2018, compared to around 400,000 kantars in the same period of the previous season, marking a production increase of 107.6 per cent.

The Egyptian Ministry of Agriculture and Land Reclamation pointed to a significant increase of 500,000 acres in the size of the country’s cotton cultivated area.

 
LATEST TOP NEWS
 


 
MOST POPULAR NEWS
VF Logo