Ahead of the Tape: Cotton Surge Could Rip Apparel Retailers – WSJ.com

Agricultural , Commodities Sep 23, 2010 No Comments

For only the second time since the Civil War, cotton for near-term delivery is priced at more than $1 a pound. Its spectacular 35% leap this year has doubled the better-publicized rally in gold. And in large part, it reflects a fundamental imbalance of global supply and demand.

via Ahead of the Tape: Cotton Surge Could Rip Apparel Retailers – WSJ.com.

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Rod Sherkin

Rod is a former senior executive, responsible for Purchasing, for both Pillsbury and Ball Packaging back in the 80’s and 90’s. Since then, he has continued to work in the Purchasing field as both a consultant and founder of the website Propurchaser.com.

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