12149 Revisiting the Technological and Market Value of Cotton In View of the Current Global Economy

Friday, January 7, 2011: 9:00 AM
International A (Atlanta Marriott Marquis)
Yehia El-mogahzy , Auburn University
Ramsis Farag , Department of Polymer and Fiber Engineering, Auburn University
In today’s global market, popular cotton price tables include: the “A” Index, the spot price, the farm price, the average mill price, and the ELS spot price. These are supply-and-demand driven approaches in which cotton as a commodity is valued in the marketplace. The recent increase in cotton price has resulted in many spinning mills struggling with the issue of making profit in an output market that feel little mercy due to the multiple yarn options in the marketplace. This paper deals with an old issue that is more important today than at the time it was discussed; that is the issue of the technological value of cotton. A number of end products will be considered in addressing the issue of the technological value of cotton.