My blog has moved!

You will be automatically redirected to the new address. If that does not occur, visit
http://www.fumbledreturns.com
and update your bookmarks.

Thursday, September 9, 2010

The Comeback !

I read an article that stated Cotton prices have nearly doubled this year.

Cotton is hitting a near 15-year high following a chain of events among major Asian cotton producers that has choked off global supply.

First, a drought in China, the world's largest cotton producer and consumer, damaged crops there and forced the nation to ramp up cotton imports to make up for the shortfall.

Meanwhile, the world's second-biggest cotton producer, India, restricted its exports to protect domestic supplies and prices.

At the same time, Pakistan, another major cotton producer, was hit by devastating floods, further exacerbating the cotton shortage and boosting raw cotton prices even higher.

Typically there's a four to six month lag time in the order-to-production cycle.

Therefore, the most recent jump in cotton prices will be factored into merchandise hitting stores after Christmas.

So come January, besides paying more for cotton wear, there may be one more side effect for consumers - the comeback of polyester !!!.













Now, where did I put all my Saturday night disco clothes and bell bottoms . . .

0 comments:

Related Posts with Thumbnails

Top Commentators

Widget by Blogger Tutorials

Fan Blogs

Links

Stocks Blog Directory Google Reader or Homepage Add to My Yahoo! Subscribe with Bloglines Subscribe in NewsGator Online BittyBrowser Add to My AOL Convert RSS to PDF Add to Technorati Favorites! Add to netvibes My Zimbio
Top Stories

First and Ten

Popular Posts Widget

Awards

Awards

Labels

About

My photo
It's all about two of my three favorite things! Sports and Stocks!

Visitors

My Blog Rankings !

  © Blogger templates Newspaper III by Ourblogtemplates.com 2008

Back to TOP