Skip to comments.Cotton Shortage Could Drive Up Clothing Prices
Posted on 01/06/2011 8:26:46 PM PST by FromLori
Anyone who has been out holiday shopping knows there are some great deals on clothing.
Im amazed at the sales right now, one enthusiastic shopper said.
However, experts say once the holidays are over, so are the deals.
The problem is the price of cotton. Bad weather last year in India, Pakistan and China destroyed thousands of acres of cotton fields which slashed the global cotton supply. Cotton is up 70 percent in the last year, which is phenomenal, explained Babson College Professor Peter Cohan.
Cotton is a staple in the fashion industry. Think about it, jeans, T-shirts and many sweaters are made of cotton. According to Cohan, many manufacturers will have no choice but to pass that extra cost on to consumers.
I think theyre all going to raise their prices in the spring, because thats when China expects to raise their prices at least an additional 30 percent, Cohan said. Some stores will be reluctant to significantly raise prices because they wont want to lose customers. But, chances are youll notice a difference in a lot of the clothes you buy.
(Excerpt) Read more at pittsburgh.cbslocal.com ...
Well, there’s always polyester.
Except for underwear, socks and shoes, I buy all my clothes at the Salvation Army.
Just remember that there aint no stinking inflation in this country.
How much of anything is manufactured in America now? Very little the globalists took our country apart piece by piece and now there’s little left.
In case you didn’t notice all we really have left is service sector jobs and not enough of those we are becoming the third worlders rapidly.
New US jobless claims rise
When you reach a certain age, underware isn't quite so important.
I buy tons of stuff at sally 10 years ago i got sober after living in my truck lost everything Sally is a God send
could would should
With the price of feed corn going up thanks to ethanol production, we may all get to try hamburger helper with the helper by itself.
cotton futures ... $1.41 a pound
how much does a shirt weigh ?
Just the thought of wearing 100% polyester makes my skin itch.
Guess all our jeans now line-dry and the dryer gets used less than ever.
Yes, but they are petroleum based and petroleum is high too.
Very little, they buy our cotton and then ship back the garments.
Est. Cotton Required
1 Pair of Jeans
1.5 lbs. (24 oz.)
1 Man’s Shirt
.6 lbs. (10 oz.)
.5 lbs. (8 oz.)
.9 lbs (14 oz.)
1 Bath Towel
.6 lbs (10 oz.)
1.3 lbs (21 oz.)
.15 lbs (2.5 oz)
.5 lbs. (8 oz.)
Black leather schadenfreude ping.