Home / Knowledge / News / Textiles / A volatile year in down and feather bedding industry
A volatile year in down and feather bedding industry
25
Jan '10
For the first several quarters of the economic downturn, falling consumer prices were in lock step with falling manufacturing costs, observed American Down and Feather Council. However, as the world economies have begin to recover, manufacturers in virtually all industries are scrambling to deal with rapidly rising commodity costs that are driving up their total costs much faster than anyone had expected. According to The World Bank's commodity price data, or Pink Sheets, commodities prices, from barley to wood pulp, have increased over the last quarter of 2009. Down and cotton, the two major commodities used in natural fill bedding, are not immune to these pricing pressures.

Cotton for the Shell
The time period between March 2009 and March 2010, what is referred to as the cotton “year,” has been volatile thus far. In early December, analysts forecasted that cotton stocks will shrink 13 percent by March 2010. This represents the largest decrease in year-end stock levels since 2002-2003. Total production is expected to be five percent lower than last year, primarily due to lower yield in Chinese crops, which were only partially offset by production increases in India and Pakistan.

Conversely, cotton consumption is projected to rise by approximately two percent, causing the net demand to outstrip production by 1.6 million tons and leading to the expectation that cotton prices will continue to increase. It is estimated that cotton prices will end up being 10-15 percent higher than they were last year.

Down and Feather for the Fill
Weak demand for down and feathers over the last year resulted in depressed pricing for down of almost every type and quality. Reluctant to sell at decreased prices, many factories accumulated inventory. As demand for down and feathers increased, prices did not initially respond as the supply chain worked through existing inventories.

However, during the last 60-90 days of 2009, demand for down increased dramatically. As this “excess” inventories were depleted, down prices rose sharply. The spike in down prices is not a result of increasing demand only. The fixed nature of the supply of down and feathers is the other half of the equation responsible for the recent price volatility.

Joe Crawford, senior vice president of finance and procurement for Pacific Coast Feather Company, and marketing chair of the American Down and Feather Council, explained the situation, “All down and feathers used in our industry are a by-product of the meat industry. Birds are raised primarily for their meat, not their down and feathers (which comprise only 5 to 15 percent of the value of the bird). Farmers simply do not raise more birds unless meat prices warrant it. As a result, even a significant increase in the price of down does not result in greater supply to the marketplace. In an environment of rapidly changing demand, this fixed supply of down can result in the type of price increases we are experiencing today.”


Must ReadView All

Europe fights against microplastic release from textiles

Textiles | On 18th Jan 2018

Europe fights against microplastic release from textiles

The European Commission, the institution of the European Union, has...

Egypt starts building biggest textile city in Al-Sadat

Textiles | On 18th Jan 2018

Egypt starts building biggest textile city in Al-Sadat

Egypt has started construction of the biggest city for textiles and...

Vietnam targets $20 bn from export of footwear, bags

Apparel/Garments | On 18th Jan 2018

Vietnam targets $20 bn from export of footwear, bags

Vietnam targets to earn around $20 billion from the export of...

Interviews View All

Yash Agarwal
Hitansh Online

Every market region has its own culture and trends

Siddharth Biyani
Mangalam Industries Pvt Ltd

‘The manufacturing sector is improving day-by-day, becoming better in...

Yash Maniyar
Rekha Maniyar

Indian fashion market is growing at a staggering rate

Riddhi Jain

Conceived in Europe and curated in New Delhi, NeceSera is a...

Harmeet Singh

New Delhi-based Jogindra Industries Private Limited provides an assortment ...

Anupam Arya

<div>Jaipur-based Fabriclore Retailing Pvt. Ltd. is attempting to revive...

Eric Scholler
Groz-Beckert

The Indian market has huge potential in technical textiles, and by far,...

Marten Alkhagen
Swerea IVF AB

Marten Alkhagen, Senior Scientist - Nonwoven and Technical Textiles of...

Steve Cole
Xerium Technologies

Steve Cole of Xerium Technologies discusses the industry. Xerium is the...

Ritu Kumar
Label Ritu Kumar

‘Classics will return’ "There are a lot of people wearing western clothes ...

Aditi Somani
Aditi Somani

Aditi Somani specialises in luxury fusion wear with international cuts and ...

Akta Adani
India Boulevard

India Boulevard is a San Francisco-based curated fashion marketplace that...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

January 2018

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Active Poll

Do you see sustainability as a route to business growth?

Yes
69.1%
No
13.4%
Skip
17.5%

Total Votes: 97

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Active Poll

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes
63.9%
No
28.9%
Skip
7.2%

Total Votes: 97

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Active Poll

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes
87.6%
No
9.3%
Skip
3.1%

Total Votes: 97

Thanks for your valuable feedback. Claim your free latest sustainability e-book.

Active Poll

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes
82.5%
No
8.2%
Skip
9.3%

Total Votes: 97


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search