Cotton Prices

Our post from March 2011 (Cotton Price Talk) saw the absolute peak of the Cotton Price for the last 45 years as shown in this chart.

The price has normalised (quite quickly) since then because of the simple commercial laws of supply and demand.

My hunch is that with the proliferation of Plastic Bag Bans around the world the price of Cotton will continue to rise and we may see pricing like $1.50 in 2-4 years, maybe sooner.