Egypt's monthly inflation rises 1.3% in Oct, annual rate eases to 10.1%: CAPMAS    Egypt, Qatar intensify coordination as Gaza crisis worsens    Egypt prepares governmental talks with Germany to boost economic cooperation    Arabia Developments, ElSewedy join forces to launch industrial zone in New 6th of October City    Egypt, US's Merit explore local production of medical supplies, export expansion    Egypt, WHO discuss joint plans to support crisis-affected health sectors    IWG accelerates Egypt expansion, plans 30 new flexible workspace centres in 2026    Grand Egyptian Museum fuels hospitality, real estate expansion in West Cairo    400 children with disabilities take part in 'Their Right to Joy' marathon    Egypt touts North Coast as investment magnet after $29.7b Qatar deal – FinMin    Egypt's Foreign Minister discusses Gaza, Sudan with Russian counterpart    Russia's Putin appoints new deputy defence minister in security shake-up    UNESCO General Conference elects Egypt's El-Enany, first Arab to lead body    Egypt repatriates 36 smuggled ancient artefacts from the US    Grand Egyptian Museum attracts 18k visitors on first public opening day    'Royalty on the Nile': Grand Ball of Monte-Carlo comes to Cairo    Egypt, Albania discuss expanding healthcare cooperation    VS-FILM Festival for Very Short Films Ignites El Sokhna    Egypt's cultural palaces authority launches nationwide arts and culture events    Egypt launches Red Sea Open to boost tourism, international profile    Qatar to activate Egypt investment package with Matrouh deal in days: Cabinet    Hungary, Egypt strengthen ties as Orbán anticipates Sisi's 2026 visit    Egypt's PM pledges support for Lebanon, condemns Israeli strikes in the south    Omar Hisham Talaat: Media partnership with 'On Sports' key to promoting Egyptian golf tourism    Egypt, Medipha sign MoU to expand pharmaceutical compounding, therapeutic nutrition    Egypt establishes high-level committee, insurance fund to address medical errors    Sisi expands national support fund to include diplomats who died on duty    Madinaty Golf Club to host 104th Egyptian Open    Egypt's PM reviews efforts to remove Nile River encroachments    Al-Sisi: Cairo to host Gaza reconstruction conference in November    Egypt will never relinquish historical Nile water rights, PM says    Al-Sisi, Burhan discuss efforts to end Sudan war, address Nile Dam dispute in Cairo talks    Syria releases preliminary results of first post-Assad parliament vote    Egypt resolves dispute between top African sports bodies ahead of 2027 African Games    Germany among EU's priciest labour markets – official data    Paris Olympic gold '24 medals hit record value    It's a bit frustrating to draw at home: Real Madrid keeper after Villarreal game    Russia says it's in sync with US, China, Pakistan on Taliban    Shoukry reviews with Guterres Egypt's efforts to achieve SDGs, promote human rights    Sudan says countries must cooperate on vaccines    Johnson & Johnson: Second shot boosts antibodies and protection against COVID-19    Egypt to tax bloggers, YouTubers    Egypt's FM asserts importance of stability in Libya, holding elections as scheduled    We mustn't lose touch: Muller after Bayern win in Bundesliga    Egypt records 36 new deaths from Covid-19, highest since mid June    Egypt sells $3 bln US-dollar dominated eurobonds    Gamal Hanafy's ceramic exhibition at Gezira Arts Centre is a must go    Italian Institute Director Davide Scalmani presents activities of the Cairo Institute for ITALIANA.IT platform    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



Egypt's cotton exports increase 94.3% year-on-year: CAPMAS
Total quantity consumed of local cotton rose by 115.5% to reach 175,800 metric quintals during period from December 2014 to February 2015, says CAPMAS
Daily News Egypt Published in Daily News Egypt on 25 - 05 - 2015

The total volume of Egyptian cotton exports rose by 94.3% year-on-year during the second quarter (Q2) of the 2014-2015 agricultural season, to reach 246,000 metric quintals, according to a Central Agency for Public Mobilization and Statistics (CAPMAS) press statement Monday.
This compared to 126,600 metric quintals exported in the same period during the last season.
CAPMAS attributed the export increase to the low Egyptian cotton prices due to the increased inventory of cotton since the previous season.
"The total quantity consumed of local cotton rose by 115.5% to reach 175,800 metric quintals during the period from December 2014 to February 2015, compared to 81,600 metric quintals in the same period of the previous season," the statement read. "The increase is due to the direction of local spinning and cotton companies to decrease amounts of imported cotton."
CAPMAS said the amount of ginned cotton has increased by 26.2% to reach 1.3m metric quintals during the period from December 2014 to February 2015, compared to lm metric quintals in the same period in the previous season.
The statement said the increase to meet the needs of spinning companies for local cotton was due to the decrease in quantities of imported cotton.
The amount of composting cotton has increased by 37% to reach 1m metric quintals during the Q2 of the 2014-2015 agricultural season, compared to 0.7 m metric quintals the previous period due to the rose of cotton exports, according to the statement.

Clic here to read the story from its source.