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Feeling the Impact of Climbing Cotton Prices

May 5, 2011 By Stacey Wittig Leave a Comment

“It was a perfect storm,” explained Hal Majors, director of purchasing at Drury Hotels. “Cotton mills in Pakistan and India began hording to drive up the price of cotton. Then an atypical monsoon season flooded Pakistani mills. There was no rise in demand until the flooding issues in 2010. Add to … [Read more...] about Feeling the Impact of Climbing Cotton Prices

Filed Under: Business, Local News Tagged With: Cotton, drury hotels, drury inn, Fred Reese, Hotel, Little, Little America Hotel, manager, monsoon season, percent

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