Cotton Prices... Good News
#91
Senior Member
Join Date: Jan 2011
Posts: 471
We were wheat farmers and when the price of wheat goes up, the price of bread, etc, goes up. When the bottom drops out of the price of wheat, the price of bread stays up. Don't want to be a pessimist, but I've seen too much manipulation of the commodities to get too excited. The 'big boys' can keep the prices where they want them. And I'm not talking about farmers or the laborers who produce the retail product.
#93
Supply and demand, supply and demand. When we had the gas shortage, they made smaller cars with better gas mileage. If we let our buying decisions dictate how fat their pocketbook gets, there will be a change. I'm not buying a new car. I'm getting my old one painted.
#96
Super Member
Join Date: Aug 2010
Location: Portland, OR via Hawaii
Posts: 1,342
Originally Posted by Tink's Mom
How much do you want to bet that the prices of the fabric will never reflect the new low cotton prices?
Prices always seem to go up...but rarely will they turn around.
Prices always seem to go up...but rarely will they turn around.
#98
Originally Posted by IrishNY
I read today that cotton prices have fallen dramatically. It was $.95 a pound before it began climbing, went as high as $2.15 and has now fallen back to $1.25.
The article said that the price of cotton fabric is dropping. Good news for us!! :thumbup:
The article said that the price of cotton fabric is dropping. Good news for us!! :thumbup:
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10-01-2010 12:36 PM