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Cotton Prices Wilt Below 50 Cents a Pound As Demand Bottoms Out

Rivet's 2020 Denim Circularity report takes a deep dive into how the global denim industry is plotting its circular future amidst a worldwide pandemic.

With many manufacturers temporarily closing down production and stores across the country and world shut down amid the spreading coronavirus pandemic, cotton prices have also taken a major hit. The weak demand has brought cotton prices below the 50-cents-a-pound mark for the first time in more than a decade, numbers not seen since the Great…

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