Egypt’s cotton exports fall 36.7% in Q1 of FY2017/18: CAPMAS

Egypt’s cotton exports dropped by 36.7 percent in the first quarter of the agricultural season of financial year 2017/2018 (September to November 2017), said the county’s stat-run statics agency CAPMAS on Wednesday.

Total cotton exports amounted to 128,300 metric quintals in first quarter of financial year 2017/2018, compared to 202,500 metric quintals in the corresponding period last year, the CAPMAS further added.

The state-run statistics agency last said that cotton exports of the North African nation dropped 38.4 percent in fourth quarter of the current financial year (June to August 2017) to 86,200 metric quintals, versus 139,900 metric quintals in the same period of 2016.