Home / Knowledge / News / Textiles / New Egyptian govt set to allow cotton imports

New Egyptian govt set to allow cotton imports

28
Jun '12
The new Government being formed in Egypt under President Mohammed Mursi is set to allow cotton imports.
 
In October 2011, Egypt had banned cotton imports so that the domestic spinning industry utilizes the local supplies, instead of using imported cotton. Subsequently, however, the Government lifted the ban in March this year, but had not granted any import permits so far.
 
The new Government is likely to grant cotton import permits to domestic spinners, who are facing a shortage in local supplies.
 
The US Department of Agriculture’s Cairo bureau expects the cotton imports to surge by 77 percent to 530,000 bales in the 2012-13 marketing year that begins in August.
 
The imports will help Egypt offset the more than 40 percent decline in cotton production to 430,000 bales, said to be the lowest in about half-a-century.
 
On the other hand, the demand for cotton from downstream yarn, fabric and garment industries is expected to rise due to a relatively better economic environment, after the end of political turmoil witnessed in Egypt since January 2011.
 
Egypt’s cotton, especially the Giza 88 variety, which constitutes about 20 percent of total Egyptian cotton production, is much sought after in international markets as it is considered to be producing the best-quality fabric.
 

Fibre2fashion News Desk - India


Must ReadView All

Pic: Shutterstock

Textiles | On 24th Jul 2021

5.2 lakh Zimbabwean homes to gain from Pfumvudza cotton inputs scheme

At least 520,000 households in the marginalised zones of Zimbabwe...

Pic: Lanzatech

Textiles | On 24th Jul 2021

US' LanzaTech, Lululemon to make yarn from recycled carbon emissions

LanzaTech has joined hands with Lululemon athletica, an athletic...

Pic: HOdo Group

Apparel/Garments | On 24th Jul 2021

Chinese apparel firm HOdo exports carbon-offset clothing

Apparel brand HOdo has claimed producing and exporting China’s first...

Interviews View All

Textile Industry, Head honchos

Textile Industry
Head honchos

Delay in adopting water sustainability will be both financially &...

Textile Industry, Head honchos

Textile Industry
Head honchos

Quality & affordability to affect market acceptability of new fibres

India-EU Summit, Representatives

India-EU Summit
Representatives

India-EU FTA will provide EU with better access to a huge & rapidly...

Ritu Oberoi,

Ritu Oberoi

Established in 2018, Forsarees is a socially driven business enterprise,...

Bharat Ahuja,

Bharat Ahuja

A mono store brand, <b>Bharat Ahuja's</b> Desire Design Studio has emerged ...

Alberto Gotti,

Alberto Gotti

Danitech was born from the will of a group of technicians to offer the...

Jacques Prigneaux, EDANA

Jacques Prigneaux
EDANA

EDANA has been the leading global association and voice of the nonwovens...

Daniel Kaye, RocketLife

Daniel Kaye
RocketLife

<div>RocketLife, an award-winning developer of breakthrough visual...

Seth Casden, Hologenix

Seth Casden
Hologenix

Hologenix is a material sciences company dedicated to developing products...

Suman Nathwani, Suman Nathwani

Suman Nathwani
Suman Nathwani

Designer <b>Suman Nathwani</b> talks about her journey of opening a...

Anjali Bhaskar, Samatvam

Anjali Bhaskar
Samatvam

Anjali Bhaskar has an experience of 12 years in the fashion industry. She...

Sandeep Gonsalves & Sarah Gonsalves, Sarah & Sandeep

Sandeep Gonsalves & Sarah Gonsalves
Sarah & Sandeep

Established in 2012, Sarah &amp; Sandeep is a luxury menswear label...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

Leave your Comments


July 2021

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.


Advanced Search