Did I get your attention? Good. I’m afraid I have some bad news.
When we started selling expendable audio visual supplies over 20 years ago, I didn’t really expect that I would someday find myself closely tracking agricultural commodity prices. Little did I know.
Apparently, that gaffers tape we sell by the pallet load is made of the same cotton as the pair of Levis you are probably wearing. Well, it seems that the cotton that Levi Strauss buys for their mills to make your pants has increased in price by 80% since July and the cotton futures market suggests that more increases are in the pipeline.
You’ll see this price increase reflected in any cotton clothing you buy and it is going to impact the price of cotton cloth tapes as well, probably before the end of the year.
Flooding in Pakistan, poor crop yields in India and bad weather in China all impact the price of this raw material. Things are so bad this fall that even veteran cotton traders are surprised at what is happening in the market. They now think it may take a couple of years before world supply can again match demand.
Oh, don’t let me forget the rest of the story. The other major component in gaffers tape is a synthetic adhesive made from oil.
GoodBuyGuys.com is your online source for Permacel gaffers tape,Duracell Procell batteries, Nashua duct tape, Bay State wire ties, Hosa and Entertainment One extension cords and OnStage Stand mic stands.
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