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Egypt Cotton Trading and Ginning Company bought the full 890.364 qantars offered at last week's Assiut cotton auction, valued at about EGP 8.38 million for Giza 98 cotton. The purchase price was EGP 9,410 per qantar, and the state reported about 203,000 feddans planted for the 2026/27 season with a production target of about 1.066 million qantars.
A single state buyer taking all auction volume at a set price points to managed domestic cotton marketing in Egypt. The effect on global feed or oilseed prices is limited.
almalnews.comالصاوي أحمدNov 14, 2026Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
