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03/30/2022
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By Arsenio Toledo
Drought conditions causing surge in cotton prices, raising fears clothes could become more expensive
Freak weather patterns in the United States, including drought conditions in Texas, are affecting the price of cotton, signaling fears that clothes are about to get more expensive. On Monday, March 28, cotton futures in Texas jumped by four percent to reach a price of $1.3171 per pound. At one point during the trading day, cotton futures […]
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