The Rising International Cotton Prices Benefit Honduran Export Processing Industry

2010-11-29

The continuous increase of the international cotton prices stirs up the offering prices of the clothing market and related industries, which in turn benefits the Honduran export processing industry. A foreign investor in Honduras, Mr. Roberto Mayr, VP of Operations at Hanesbrands Inc., Honduras, said that the predicted international cotton prices are more likely to rise than fall, and the clothing prices will also rise, which will benefit the future profit of the export processing industry manufacturers in Honduras.