November 2010

Prices go crazy

Textile fiber prices have been very extensively increasing over the last year. Especially, cotton has made a unprecedented price increase of more than  65% in the last year and reached an all time high in Oct/Nov 2010.  Consequently, the worldwide textile industry  found refuge in viscose,  polyester,  and polypropylene fibers, with the logical result that also these synthetic base materials have made an tremendous price increase over the last year.