Cotton Prices... Good News
09-14-2011, 06:04 AM
#51
Super Member
Join Date: Mar 2010
Location: BLANCHARD, OK
Posts: 2,502
Oh I had already noticed that the price per yard had come down, several manufactors had raised the price when there was that panick and found fabric was hard to sell at $10.00 per yard, now they are having sales.
09-14-2011, 06:06 AM
#52
Power Poster
Join Date: Jul 2010
Location: SoCal
Posts: 11,911
Originally Posted by jean1941
That is great for us but what about that farmer that grew the cotton and he has a family to feed and take care of also. Do not get me wrong am glad prices are dropping it is just a two edge sword. I am a cotton farmer's daughter from years ago
Happy Shopping
Happy Shopping
09-14-2011, 06:13 AM
#55
Super Member
Join Date: Oct 2009
Location: Sweet Home Alabama
Posts: 3,179
I have mixed emotions about this. As a prior farmer's wife, it would be devastating on the farmer and his family. As a purchaser of fabric, it sounds good, but I hate it for the farmer. I know what this does to them.
09-14-2011, 06:21 AM
#56
Super Member
Join Date: Feb 2011
Location: Lumby, British Columbia
Posts: 2,769
Originally Posted by ManiacQuilter2
That is great if they pass it on..... Has anybody noticed how the price of gas climbs faster than it drops??? :)
09-14-2011, 06:25 AM
#57
Banned
Join Date: Dec 2009
Location: Enid, OK
Posts: 8,273
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:
The cotton.org news only states that the crops are steady, with Australia leading right now. There is NO mention that the prices are lower at all!
09-14-2011, 06:35 AM
#58
Super Member
Join Date: Jun 2010
Location: Western Nevada
Posts: 2,520
Don't hold your breath waiting for fabric prices to decrease even a little. About the best we can hope for is that they remain stable and quit going higher.
Cotton prices are only one element in the cost of fabric.
Here are some others:
Oil prices -- Most of the dye used in producing fabric is derived from oil.
Shortages of adequate printing facilities -- many of the large mills in So. Korea and Japan, where the best fabric printing in the world is done -- have shut down leaving a shortage of production facilities.
Transportation costs -- Shipping costs go ever higher due to fuel cost and wage costs. To get fine fabrics you have to ship raw cotton from cotton producing areas to the place where the cleaning and weaving is done, greige goods to the place where the printing is done, printed fabric to the place where the finishing is done, finished fabric to the place where the bolting and distribution is done, to the retailer, and to the consumer.
Wage costs -- People in China are upwardly mobile and are demanding higher wages to improve their lifestyle. China produces most of the greige goods used in printing fabric, and thus must raise prices on those goods.
Regulatory costs are increasing dramatically, especially in the USA, at all levels of the distribution chain. Who do you think has to pay when a small business or shop has to hire extra help or pay a consultant just to fill out required government forms?
And so it goes. The price of cotton coming down is a small ray of sunshine, but it won't do much to bring down the price of fabric, and it may even cause shortages that will continue to drive prices up.
Cotton prices are only one element in the cost of fabric.
Here are some others:
Oil prices -- Most of the dye used in producing fabric is derived from oil.
Shortages of adequate printing facilities -- many of the large mills in So. Korea and Japan, where the best fabric printing in the world is done -- have shut down leaving a shortage of production facilities.
Transportation costs -- Shipping costs go ever higher due to fuel cost and wage costs. To get fine fabrics you have to ship raw cotton from cotton producing areas to the place where the cleaning and weaving is done, greige goods to the place where the printing is done, printed fabric to the place where the finishing is done, finished fabric to the place where the bolting and distribution is done, to the retailer, and to the consumer.
Wage costs -- People in China are upwardly mobile and are demanding higher wages to improve their lifestyle. China produces most of the greige goods used in printing fabric, and thus must raise prices on those goods.
Regulatory costs are increasing dramatically, especially in the USA, at all levels of the distribution chain. Who do you think has to pay when a small business or shop has to hire extra help or pay a consultant just to fill out required government forms?
And so it goes. The price of cotton coming down is a small ray of sunshine, but it won't do much to bring down the price of fabric, and it may even cause shortages that will continue to drive prices up.
09-14-2011, 06:41 AM
#60
Banned
Join Date: Dec 2009
Location: Enid, OK
Posts: 8,273
Originally Posted by QKO
Don't hold your breath waiting for fabric prices to decrease even a little. About the best we can hope for is that they remain stable and quit going higher.
Cotton prices are only one element in the cost of fabric.
Here are some others:
Oil prices -- Most of the dye used in producing fabric is derived from oil.
Shortages of adequate printing facilities -- many of the large mills in So. Korea and Japan, where the best fabric printing in the world is done -- have shut down leaving a shortage of production facilities.
Transportation costs -- Shipping costs go ever higher due to fuel cost and wage costs. To get fine fabrics you have to ship raw cotton from cotton producing areas to the place where the cleaning and weaving is done, greige goods to the place where the printing is done, printed fabric to the place where the finishing is done, finished fabric to the place where the bolting and distribution is done, to the retailer, and to the consumer.
Wage costs -- People in China are upwardly mobile and are demanding higher wages to improve their lifestyle. China produces most of the greige goods used in printing fabric, and thus must raise prices on those goods.
Regulatory costs are increasing dramatically, especially in the USA, at all levels of the distribution chain. Who do you think has to pay when a small business or shop has to hire extra help or pay a consultant just to fill out required government forms?
And so it goes. The price of cotton coming down is a small ray of sunshine, but it won't do much to bring down the price of fabric, and it may even cause shortages that will continue to drive prices up.
Cotton prices are only one element in the cost of fabric.
Here are some others:
Oil prices -- Most of the dye used in producing fabric is derived from oil.
Shortages of adequate printing facilities -- many of the large mills in So. Korea and Japan, where the best fabric printing in the world is done -- have shut down leaving a shortage of production facilities.
Transportation costs -- Shipping costs go ever higher due to fuel cost and wage costs. To get fine fabrics you have to ship raw cotton from cotton producing areas to the place where the cleaning and weaving is done, greige goods to the place where the printing is done, printed fabric to the place where the finishing is done, finished fabric to the place where the bolting and distribution is done, to the retailer, and to the consumer.
Wage costs -- People in China are upwardly mobile and are demanding higher wages to improve their lifestyle. China produces most of the greige goods used in printing fabric, and thus must raise prices on those goods.
Regulatory costs are increasing dramatically, especially in the USA, at all levels of the distribution chain. Who do you think has to pay when a small business or shop has to hire extra help or pay a consultant just to fill out required government forms?
And so it goes. The price of cotton coming down is a small ray of sunshine, but it won't do much to bring down the price of fabric, and it may even cause shortages that will continue to drive prices up.
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