NEW YORK–Manufacturers and importers predict that retail prices of cotton products such as sheets will jump this spring and summer, according to a survey conducted by Capital Business Credit.

More than 94 percent of the survey respondents said the increase in cotton prices over the past year will push up retail prices of high-cotton-content sheets and apparel—with nearly half (44.4 percent) projecting retail price increases of 10 percent and more. To compensate, nearly 89 percent of the participants will replace some of the cotton content in their products with other materials such as rayon, while about 28 percent that produce items with high cotton content will change the design or cut of their products to use less raw material. However, more than 57 percent of the respondents said every point of the supply chain—manufacturers to retailers to consumers—will be faced with higher prices for these goods.

Another driver in higher prices is logistics, with the price of oil a key factor in this cost equation. Sixty-two percent of the survey participants said their logistics costs have risen by more than 5 percent in the past year, and nearly 90 percent blamed oil prices—along with the crises in Egypt and Libya—as the spur behind these increases.

Andrew Tananbaum, executive chairman of Capital Business Credit, said the survey has provided “concrete proof that the cost of raw materials correlates to higher consumer prices .... We believe this is a sustained change that will continue into the fall season and beyond.”