Cotton prices are on the rise and will affect everyone that uses or manufactures goods made of cotton. According to the Dallas Morning News, the price of cotton has reached the highest levels since the disruptions of the Civil War. Currently China is number one in cotton production followed by India, Pakistan and the United States. Cotton prices are going up because of floods in Pakistan and India, and China's decision not to export cotton. This may be good for United States' cotton farmers but, not so good for quilters.
Although the Chinese are the biggest producers, processors and importers of cotton, they don't export cotton because they consume more than they can produce.
Don't expect the prices to come down anytime soon. Many of the fabric manufacturers have already started raising their prices. We at Two Bees Fabric will do everything we can to hold our prices.