Pressure Remains on Cotton ETN
The iPath Bloomberg Cotton Subindex Total Return ETN (NYSEArca:BAL) is among the commodities exchange traded products getting drubbed this year. BAL is off more than 9% over the past month and labors 21.2% below its 52-week high, putting it in bear market territory. Data suggest some commodities traders are remaining bearish on cotton, potentially putting… Click to read more at ETFtrends.com.
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This article was provided by our partner Tom Lydon of etftrends.com.