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Cotton Inc.’s Jon Devine Digs Deep Into What’s Behind Raw Material Price Spikes

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Jon Devine, senior economist at Cotton Incorporated, said cotton prices’ climb to $1.05 per pound began with the Phase One trade deal between the U.S. and China in 2020. “That was a significant factor in the cotton market,” Devine said Tuesday at the Sourcing Journal Summit. “But then, along came Covid and the market dropped….

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