Facing the Rising Cotton Prices, Search For Your Business

The cotton price has been rising since 2017. In 2016, cotton dropped to less than $0.60 per pound. The average quotation for the base quality of cotton was 65.30 cents per pound as of the week ended September 1. The weekly average had a growth, compared with the same period last year. According to the USDA’s survey on the seven designated markets, the cotton prices for the base quality of cotton was 72.26 cents on January 26, 2017. The weekly average grew from 70.92 cents the last week. The daily average price was up to 73.02 cents on January 23 from 71.46 cents January 20.

Some retailers said that their business have been off a bit . To keep the same margins, some retailers raise the price. It is worth considering whether your customers accept your high offer. Combing with the overseas markets and exchange rate, the import of goods is a good choice for some retailers. Spring Hometextile is a mattress protector manufacturer in China, always providing the reasonably price goods for you.

 

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