Cost of fabric to go up... Mod edit, please read post #6
01-18-2019, 06:57 AM
#21
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Location: western NY formerly MN, FL, NC, SC
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Thanks for getting and posting that information
Originally Posted by Peckish
I sent an email to Scott Fortunoff and asked him these questions. He has quite a resume: He is President of A.E. Nathan Fabric, Blank Quilting, Studio E, Co-President of FreeSpirit, and Vice-President of Henry Glass Fabrics. He responded in less than 10 minutes to my inquiry! 
Here is his reply:
That sounds like a bunch of stuff mushed together to create confusion. Here are the facts:
1. The 25% that they are probably referring to is the tariffs that may go into effect from China. The tariff is currently at 10% and prices probably have gone up a little. As a consumer, you may or may not notice this increase. If in March, the US and China don’t settle the trade dispute the tariff could go up 25%. That would only impact fabric and other stuff coming from China. With that being said, the majority of fabrics come from Korea. In any case, no one knows what will happen in March. Personally, and this is totally my opinion, I am not so confident that the US and China can settle. However, I hope they do.
2. China can’t possibly buy all the cotton futures. That’s just nonsense and I can’t really speak to that b/c I haven’t even heard anything like that.
Hope that helps.
Here is his reply:
That sounds like a bunch of stuff mushed together to create confusion. Here are the facts:
1. The 25% that they are probably referring to is the tariffs that may go into effect from China. The tariff is currently at 10% and prices probably have gone up a little. As a consumer, you may or may not notice this increase. If in March, the US and China don’t settle the trade dispute the tariff could go up 25%. That would only impact fabric and other stuff coming from China. With that being said, the majority of fabrics come from Korea. In any case, no one knows what will happen in March. Personally, and this is totally my opinion, I am not so confident that the US and China can settle. However, I hope they do.
2. China can’t possibly buy all the cotton futures. That’s just nonsense and I can’t really speak to that b/c I haven’t even heard anything like that.
Hope that helps.
01-18-2019, 07:39 AM
#22
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Join Date: Dec 2010
Location: New York
Posts: 471
Thank you Peckish!
01-18-2019, 08:03 AM
#23
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Join Date: Feb 2011
Location: Yorkville, IL
Posts: 7,639
Thanks Peckish. I have a large stash of great fabrics I love. I have a very hard time buying blenders or background fabrics so am always buying those. I have fallen in love with shirting and love using it. Prices are definitely rising in my area so I try now to just buy what I need but I find all I have to do is walk in my LQS and all bets are off.
I read about China buying Cotton Futures in the Wall Street Journal. It certainly didn’t say All of them.
I read about China buying Cotton Futures in the Wall Street Journal. It certainly didn’t say All of them.
Last edited by QuiltnNan; 01-18-2019 at 09:15 AM. Reason: shouting/all caps
01-18-2019, 08:20 AM
#24
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Join Date: Dec 2012
Posts: 1,857
yes it will. This is a result of not only the tariffs but the new increases to minimum wages and the anticipation of a recession. The companies Will pass on all these costs to the consumer - absolutely.
Last edited by QuiltnNan; 01-18-2019 at 09:16 AM. Reason: shouting/all caps
01-18-2019, 07:31 PM
#25
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Join Date: May 2014
Location: Upstate NY
Posts: 900
Same here! 
Originally Posted by cashs_mom
Me, too! 
01-18-2019, 07:40 PM
#26
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Location: Dakotas
Posts: 2,978
What doesn’t go up ? My haircuts are now $1.00 more.
01-19-2019, 05:52 AM
#27
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Location: Horse Country, FL
Posts: 7,341
Originally Posted by Boston1954
My birthday is February 8th. 
01-19-2019, 06:29 PM
#28
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Join Date: Oct 2009
Location: Maine-ly Florida
Posts: 3,917
I was at a yarn shop last week and the salesperson said that they are getting hit with higher costs that will start showing up in their prices. I have a healthy yarn stash as well.
01-20-2019, 04:36 AM
#29
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Join Date: Jul 2010
Location: Flagstaff, Arizona
Posts: 9,475
I think fabrics are expensive enough. The high prices are the reason some quilt shops have to close their doors because people just can't afford to buy fabrics at $12 or $13 a yard. Thank goodness I have enough fabric in my stash that I could sew quilts until I am 102!!! LOL
01-20-2019, 08:46 AM
#30
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Join Date: Aug 2010
Location: Central Iowa
Posts: 2,335
everything goes up
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