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Cotton Prices down!

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Cotton Prices down!

Postby buckeyebob » Mon Oct 31, 2011 1:42 pm

But has anyone seen their prices reduced by your linen supplier??? It's down close to a $1.00 a pound again, but where's all the reductions??? They were sure quick to raise it!!!
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Re: Cotton Prices down!

Postby The Laundry » Tue Nov 01, 2011 11:38 am

Just like oil companies and prices that we pay at the pump!

Their defence statement is always something like:
"Our present inventory of raw materials were purchased at the higher cotton cost.
Our finished goods prices reflect our manufaacturing cost plus raw material cost.
Finished good prices will be reduce when high priced raw materials are remove from inventory."
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Re: Cotton Prices down!

Postby laundryman » Wed Nov 02, 2011 7:46 pm

Yep. Reason I got for the slow decrease is they raised the prices too late after cotton started rising, hence the large jump, now they are lowering it as they should of been raising it, slower. Doesn't make it any easier on us.
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Re: Cotton Prices down!

Postby gonzo » Sat Nov 05, 2011 8:51 pm

Yep, quick up, slow down....
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