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The Trade Deal Is Signed and Cotton Prices Are Climbing. Coincidence?

The Rivet 50 is calling for nominations for leaders in the denim industry in 5 categories: design, influencer, leadership, sustainability and supply chain. Nominations close on May 23.

Wednesday’s signing of the Phase One trade deal between the U.S. and China might mean the easing of both tensions and the threat of future tariffs, but it also likely to spell higher cotton prices, according to Cotton Incorporated. Since early September, the New York futures contracts for March increased 12 cents percent, or around…

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