I thought cotton prices had started soaring months ago. Thank goodness for polyester.
“Thank goodness for polyester.”
Uh...you do know that polyester is made from oil, not much of a relief from high prices.
Yeah, polyester is an oil based product, that is one reason why cotton soared. Usually the competition between the man-made fibers and natural fibers keep both products competitive but it is all up for grabs this year.
I didn’t even answer your question, it started soaring in late July last year and attained a high of over 2 dollars a pound, it is now down to a little over a dollar fifty.
In the past if synthetics didn’t quell the price, farmers would plant so much cotton that the price would fall quickly but with every farm product being worth so much more farmers are sticking with the same game plans and most aren’t jumping in to cotton.
I believe that polyester is made from oil.....
Not so good for those of us who are allergic to polyester. But, fortunately, I can find silk, cotton, linen, and wool clothing at Goodwill for $4-7 each, often with the original price tags still attached!