of exports this season. the government has set a guaranteed price of le , per kantar (about kg) ofcotton cultivated in the upper egyptian governorates and le , per kantar for cotton from lower egypt. these are the prices the government will pay to farmers in case they cannot sell their crops....
(gdp) decreased 6 percent. at the same time, a cotton crisis gripped the apparel industry. an oversupply combined with demand bottoming out led to cotton prices exceeding $2 a pound for the fist time. this led to a trend of textile firms and apparel brands shifting to cotton blends and other natural...
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