Is the price of oil and textile yarn?
In fact, before I read the book, I learned that the consumer market, many products in fact, pricing is not dependent on product costs, but the competitors price strategy.
After many observations, the price of textile fiber yarn is mainly determined by the market demand, rather than the cost.
First, a large part of the textile yarn is a natural raw material, such as cotton and linen, chemical fiber is only part of the chemical fiber from the final raw material from the oil, but the past few years, rising oil prices, chemical fiber prices are repeated record low.
I was doing the fabric, the relevant situation can be considered a certain study, the final result is related but not the most important factor.