Egypt’s cotton exports drop 36.7% y-o-y in 1Q2017-18

Egypt’s cotton exports dropped 36.7% y-o-y in 1Q2017-18 to 128,300 qintars, down from 202,500 qintars during the same period last year, according to CAPMAS statistics carried by Al Masry Al Youm. The decline in exports is a direct result of the previous season’s reduced cultivation area, according to the state census bureau.