The Egyptian Cotton Association Says The Export Of Cotton Is Only 6854 Tons This Quarter.
The USDA Commissioner for agriculture in Egypt said that the export demand for Egyptian cotton crops in the 2011/12 market was sluggish because traders lacked liquidity and farmers' expectations of prices were higher than the actual market.
Price
。
The current cotton planting area increased by 40% over the previous year, and its output increased by 37%.
But Alexander cotton in Egypt.
Exit
According to the Alcotexa report, as of October, 15 Japanese cotton exports were only 6854 tons, far below the 110000 tons in the same period last year.
The Egyptian government's budget deficit absorbed the Liquidity Fund and led to it.
interest rate
Rise.
Farmers are still looking for high prices last year, but traders expect prices to go further.
Under such circumstances, banks are also unwilling to invest in the purchase of raw cotton from farmers.
- Related reading
Pakistan Cotton Experts Asked The Government To Buy And Export Surplus Cotton.
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