March 7, 2011
News: High Cotton Prices: How Did We Get Here?
Textile Rental Weekly has a great article describing the many factors that has led to the high cotton prices that we are seeing. This has been added to our Cotton Prices News page. Read Article Here.
January 23, 2011
News: Cotton Prices
We have added another article to our Cotton Prices News page from Bloomberg – “Cotton Soars by Daily Limit as Supply May Fail to Meet Demand”. Read Here
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