Is Comeback Inevitable?
Economists Across The Belt Point To Encouraging
Market Signals For 2010
Tommy Horton
Other published reports speculate on whether this turnaround can be sustained beyond 2010. Adams says the lowered stock level should support the price increase for now. However, if the comeback is to continue beyond one year, there is the issue of creating increased demand.
"The big thing going forward is whether the demand side can sustain itself with these higher prices," he says. "There is the very real worry that if prices go up too much that the textile industry and spinners will be affected by competition from polyester."
Adams, however, is quick to point out that if cotton demand increases, it will create a large enough market to support a real turnaround.
source : cottonfarming
Economists Across The Belt Point To Encouraging
Market Signals For 2010
Tommy Horton
Other published reports speculate on whether this turnaround can be sustained beyond 2010. Adams says the lowered stock level should support the price increase for now. However, if the comeback is to continue beyond one year, there is the issue of creating increased demand.
"The big thing going forward is whether the demand side can sustain itself with these higher prices," he says. "There is the very real worry that if prices go up too much that the textile industry and spinners will be affected by competition from polyester."
Adams, however, is quick to point out that if cotton demand increases, it will create a large enough market to support a real turnaround.
source : cottonfarming
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