rising cotton prices

Cotton Prices Continue to Climb

Back in January we published a post about cotton pricing beginning to rise. Here is an update on this global issue that will have an even greater impact during 2011.  Attached below is a copy of a story from Women’s Wear Daily.  Click on the image to read full article.   It speaks to a convergence of events that are driving cotton prices to new records.

Look at the rise in the past year. (Cost per pound of fiber)

10/26/2009         $.592

09/27/2010         $.882

10/25/2010         $1.02

Cotton futures just hit $1.24 this week.

The article is a long read.  Let’s cut to the chase.  At MCM we pride ourselves in staying abreast of industry events so we can help our clients make educated decisions regarding products and marketing strategy. .

It’s your choice. You can read the longer article or you can give us a call for a quick update. 888-344-6060 is your direct line for all of your promotional products needs.

WWD October 26,2010

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