TITLE

Cotton Price Rise to Accelerate

AUTHOR(S)
Hogsett, Don
PUB. DATE
July 2006
SOURCE
Home Textiles Today;7/17/2006, Vol. 27 Issue 33, p30
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports on the forecast of the International Cotton Advisory Council, an international consortium of cotton producers, stating that cotton prices will rise to 7.3 percent in 2006 with a projection of $0.56 per pound. In 2007, it is expected to jump by 12.5 percent making $0.63 per pound. According to cotton growers, the problem lies in the imbalance of supply and demand.
ACCESSION #
21587708

 

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