Cotton Prices Higher & Higher!

Cotton prices are further surging to new record highs on the global market, as buyers are rushing for remaining stocks. With a lack of supply now looming, cotton prices may even rise to higher levels, whatever the negative impact on demand from textile and clothing industries. Cotton production is however expected to increase more than demand in the next season, which could result in sharply lower prices, although still at historical highs.
Taken from : http://www.emergingtextiles.com/?q=idx&s=cotprice