Egyptian cotton prices have declined in global markets during the period from late September to October 4, 2026, as the new crop was introduced. The price of Giza 94 cotton fell to 142 cents from 147 cents. Despite this decline, Egyptian cotton continues to dominate global markets, particularly in the high-quality cotton segment. Its high quality has earned it a unique position in the global textile industry.
The global cotton market is influenced by supply and demand dynamics, as well as the New York Cotton Exchange, which determines the base price for cotton. This, in turn, affects local auctions in Egypt. According to sources, Egyptian cotton prices experienced a new surge, even as the new season approaches, while other cotton varieties remained stable in international markets.
The weight of a kantyar of cotton varies, with a kantyar of baled cotton weighing 100 pounds or approximately 50 kilograms, and a kantyar of unginned cotton weighing 315 pounds or around 157.5 kilograms. These details are crucial in understanding the cotton industry. Efforts to promote Egyptian cotton globally are being made under the guidance of Agriculture Minister Alaa Farouk.
Minister Alaa Farouk emphasized the importance of supporting the cotton sector and promoting Egyptian cotton as a global brand. The Agricultural Research Center, under the supervision of Dr. Adel Abdelazim, plays a significant role in enhancing the value of Egyptian cotton. The center's efforts aim to support the government's goal of transitioning to a green economy.
Despite fluctuations in global cotton prices and logistical challenges, Egyptian cotton exporters achieved satisfactory results during the previous season, which ended on August 31, 2026. According to sources, exporters faced difficulties due to the war in the Gulf region, the Black Sea, and Eastern Mediterranean, which led to increased shipping costs.
The new cotton season is approaching, with cotton harvesting underway in various parts of Egypt. The government is working to support the expansion of cotton production, aiming to balance domestic market needs with export requirements. Sources indicate that the cotton auction season is nearing, with significant areas already harvested.
According to a report by the Alexandria Cotton Exporters Association, Egyptian cotton exports increased during the 2025-2026 season, driven by lower prices and higher demand. The report revealed that total Egyptian cotton exports reached 64,060 tons, valued at over $205 million, compared to 39,216 tons during the same period in the 2024-2025 season.
Key points
- Egyptian cotton prices declined due to the introduction of the new crop.
- Egyptian cotton continues to dominate global markets due to its high quality.
- The global cotton market is influenced by supply and demand dynamics and the New York Cotton Exchange.