The Fiber Price Sheet
The last week of every month, WWD publishes the current, month-ago and year-ago fiber prices. Prices listed reflect the cost of one pound of fiber or, in the case of crude oil, one barrel.
Fiber Price on 12/26/07* Price on 11/26/07 Price on 12/22/06
Cotton 64.89 cents 65.63 cents 51.99 cents
Wool $3.99 $3.93 $3.00
Polyester staple 88 cents 85 cents 85 cents
Polyester filament 81 cents 78 cents 82 cents
November Synthetic PPI 115.1 114.3 115
Crude oil $91.06 $98.18 $62.66
*The current cotton price is the November average on fiber being delivered to Southeastern region mills, according to Agricultural Marketing Services/USDA. The wool price is based on the average price for the week ended Dec. 14 of 11 different thicknesses of fiber, ranging from 15 microns to 30 microns, according to The Woolmark Co. Information on polyester pricing is provided by the consulting firm DeWitt & Co. The synthetic-fiber producer index, or PPI, is compiled by the Bureau of Labor Statistics and reflects the overall change in all synthetic-fiber prices. It is not a price in dollars but a measurement of how prices have changed since 1982, which had a PPI of 100. Oil prices reflect last week’s closing price on the New York Mercantile Exchange of future contracts for light, sweet crude oil to be delivered next month.