35% decrease in Egyptian cotton exports

Exports of the Egyptian cotton resumed their decrease during the eighth week of the 1999/2000 season as the decrease percentage reached 35% in comparison to the same period of last year.

This was stated by an official source in the union of cotton exporters affiliated to the Egyptian Ministry or Economy, telling ArabicNews.com that the total quantity exported nearly reached 62,040 tons in comparison to 96,018 tons during the same period of last year.

The source related this decrease to international competition and the Egyptian companies' slowness in implementing their commitments.