Friday, February 4, 2011

So that's why cotton prices are going up...

  The price of cotton keeps going up! I've been hearing about this for quite a while in the sewing industry but aside from vague references to bad crops in other countries I really wasn't sure exactly what was going on. Thank you, The Economist, for explaining it! According to the article, there were floods in Pakistan, India halted much of the cotton it exports, and China was having production problems. So now the US is stepping up production. Interesting that US crop prices are the highest since just after the US Civil War. Read the full article here. I'm guessing that the higher prices are already hitting the retail level at this point. Has anyone noticed any changes in any of the places you shop?

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