World Cotton Group Blasts Alarm: ‘Utter Chaos’ for Supply Chain
- Textile workers ‘becoming desperate,’ Washington group says
- ‘Billions of dollars of orders have already been canceled’
Photographer: Prashanth Vishwanathan/Bloomberg
This article is for subscribers only.
The coronavirus “has thrown the global cotton supply chain into utter chaos,” and billions of dollars of orders have been scrapped, the International Cotton Advisory Committee said.
The Washington-based group issued the warning for “an unprecedented amount of upheaval and uncertainty” in a statement to introduce a series of videos from industry leaders around the world.