Don't remember which thread where it came up, but I mentioned to someone that prices on used clothes may be going up because of the "cotton shortage." I found this on a website that sells rags and other cotton materials yesterday:
NOTICE: The cotton market is in a continued period of extreme pricing volatility as the cost of cotton has soared more than 94% year to date. This is simply astounding and unprecedented. The driving forces behind these cost increases are mainly focused on the industry wide shortages of raw material and labor due to increased global demand, poor cotton crops and natural disasters. These conditions are causing shortages in product supply new and used and ultimately, increased prices. The cotton market instability and volatility is expected to continue into the foreseeable future.
Judi
NOTICE: The cotton market is in a continued period of extreme pricing volatility as the cost of cotton has soared more than 94% year to date. This is simply astounding and unprecedented. The driving forces behind these cost increases are mainly focused on the industry wide shortages of raw material and labor due to increased global demand, poor cotton crops and natural disasters. These conditions are causing shortages in product supply new and used and ultimately, increased prices. The cotton market instability and volatility is expected to continue into the foreseeable future.
Judi