Egyptian Cotton Exports Affect Us Luxury Prices
ExceptionalSheets.com in the US is an online retailer for luxury bedding (such as Egyptian cotton bedspreads). The retailer said that although Egypt's supply of cotton has been reduced, they will not raise their prices.
Other retailers have raised their prices by 30% because of higher export prices, so as to keep stocks.
Egypt is famous for producing the world's best super long staple cotton, Egypt is the main supplier of high quality clothing and bedding manufacturers in Egypt.
The Egyptian revolution led to the most coveted export of cotton in Egypt in 2011. The United States is one of the biggest consumers of cotton in Egypt.
Because of the Egyptian revolution, higher export prices and lack of export capacity led to many
Egyptian cotton
American retailers of flower products raise prices, restrict supply or replace alternative materials.
However, while the conflict continues to strike hard on Egypt's economy, it is mainly its export capacity. Cotton as a whole is still developing vigorously on both sides of the Nile.
In fact, recent studies have shown that Egyptian cotton may be more adaptable to local extreme conditions, such as water scarcity and hot summer, and its adaptability exceeds that of previous expectations.
Studies have shown that Egyptian cotton may survive more time than any other country.
Scientists believe that in the past few thousand years, the rapid evolution of Egyptian cotton has proved that the coveted cotton plants contain more evolutionary adaptability than other crops.
More specifically, despite the decrease in water resources (mainly Egyptian revolution and population growth), Egyptian cotton continues to grow in this desert country.
In addition to its strong vitality, Egypt's cotton is the best in the world.
Pile cotton
It is stronger and softer than cotton in other countries.
Egypt's high quality cotton has many importers, while Egyptian cotton sellers try their best to maintain the price competitiveness of Egyptian cotton, but they still make a profit because Egypt's cotton export price is rising.
ExceptionalSheets, a luxury bedding retailer in the US, Paul Sanders, the company's owner, refused to allow the current conflict to affect the company's ability to sell premium bedding at competitive prices and affordable prices.
"This is a good example of" supply and demand economic mode "," Saunders said. "The demand for our products is always increasing.
If Egypt's cotton supply is limited, one of three things will happen: raise prices, supply is limited, or replace raw materials.
We promise to avoid all three situations. "
Recent data from Egypt indicate that the number of exports has begun to pick up.
According to Alexander cotton Exporters Association, Egypt agreed to export 9 million 500 thousand tons of cotton by April 12, 2012.
Since September 2011, Egypt has exported 68000 tons of cotton and exported less than US $21 thousand and 400.
The recent conflict in Egypt continues to affect their export of cotton.
At the same time, like ExceptionalSheets.com,
Luxury goods in America
Retailers believe that the quality and vitality of such luxury products are more important than demand, and they will continue to provide quality products at reasonable prices.
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