Wednesday, September 15, 2010

cotton

Cotton’s rally bodes well for the economic recovery, as it is the longest leading economic indicator of all the commodities. From a bag of cottonseeds to a T-shirt, it takes about 18 months as it goes through planting, ginning, spinning and weaving. “No other raw material takes that long and is influenced by that many different things,” Mr. Lawson said.

No comments:

Post a Comment