OUAGADOUGOU, April 22- Burkina Faso produced 581,000 tonnes of raw cotton in the recently ended 2015/ 16 season, down 18 percent from the previous harvest and well short of its aim of a record crop of 800,000 tonnes, the national cotton association said on Friday. The Inter-professional Cotton Association of Burkina, which groups together the country's three... » Read More
Insight on the rise in gold, oil and cotton prices, with Alan Knuckman, Agora Financial; Addison Armstrong, Tradition Energy, and David Morgan, The Morgan Report.
CNBC’s analytics team compiled a list of the 10 best-performing commodities in the CRB index so far this year, based on the closing prices on March 29, 2011.
As cotton prices surge, companies are trying harder to duplicate the feel of the commodity with cheaper, durable fabrics.
The fabric of our lives may start to feel like burlap.
Apparel makers aren't the only ones stitching together a plan to deal with rising cotton costs. Hotel chains, including some of the world's biggest brands, are looking to pass costs on to customers as soaring commodity prices hit the bottom line.