<< Back to ERC News

NEWS: COTTON PRICES

March 7, 2011
Textile Rental Weekly – “High Cotton Prices: How Did We Get Here?”
(By Robert Antoshak) This week, cotton futures prices topped $2.00 per pound. A year or so ago, the big debate in the cotton world was whether cotton could reach the history-setting level of a $1.00 per pound. How things can change! Continue Reading

January 23, 2011
Bloomberg – “Cotton Soars by Daily Limit as Supply May Fail to Meet Demand”
(By Jae Hur) Cotton futures jumped by the daily maximum allowed by ICE Futures U.S. to a record on signs that global supply will fail to meet rising demand driven by China, the biggest consumer of the fiber. Continue Reading

November 2, 2010
ABC News/Money – “Cotton Prices Set Record High on Supply Fears”
(By Sandy Shore) Cotton prices jumped to another record high Tuesday amid growing concerns about meeting robust demand with tight global supplies. Cotton for December delivery added 5 cents to settle at $1.3426 a pound, a record high. That’s up 84 percent from July. Continue Reading

November 2, 2010
The New York Times – “Cotton Clothing Price Tags to Rise”
(By Stephanie Clifford) Synthetic linings. Smaller buttons. Less Italian fabric. And yes, even more polyester. Unusually high cotton prices have apparel makers scrambling to keep down costs, but consumers be warned: cotton clothing will be getting more expensive. Continue Reading

September 9, 2010
CNNMoney.com – “Cotton Shortage = Pricey T-shirts and jeans”
(By Parija Kavilanz) Attention T-shirt fans: Bag those deep discounts now because come January, stores could have you paying more for your favorite clothing. The reason: Cotton prices have nearly doubled this year, hitting a near 15-year high following a chain of events among major Asian cotton producers that has choked off global supply. Continue Reading