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.
This article was provided by our partner Tom Lydon of etftrends.com.