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Egypt seeks to weave cotton renaissanceTreading carefully among his sprawling green plants in the Nile Delta, Egyptian farmer Fatuh Khalifa fills his arms with fluffy white cotton picked by his workers. Durable, fine and luxuriously soft, cotton sourced from Egypt has long been seen as the best on the market.Well-marketed short-fiber cotton while lower in quality than the long-fiber variety looks good and has increasingly been used by textile giants, dealing a heavy blow to Egyptian players.Back in 1975, Egypt exported $540 million of cotton.In Egypt, the price has dropped back to the minimum guaranteed by the state of some 2,700 Egyptian pounds [$150] per 100 kilos.Even though official exports of Egyptian cotton rose 6.9 percent by volume in the three months to the end of May compared with the same quarter of 2017, there was a 57.9 percent fall in consumption of Egyptian cotton at home, due to the domestic market turning to imported products.Promising Egyptian quality, she has dedicated one of her lines to local long-fiber cotton.
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