Date: December, 2003
Abstract: Cotton is often characterized as a mature market without too much dynamism and with established players, markets and trade activity. Yet in recent years, prices have been more volatile with large downside shocks more common than upside. Further, companies that were once focused on one or two markets have realized the benefit of globalization; now most of the biggest merchants in the world choose to source from an increasing number of origins
On the textile side of the chain, spinning...
Research Type: Industry Note