iPath Pure Beta Cotton ETN  |  NYSEARCA
52wk high:32.63
52wk low:23.17
Expense Ratio:0.75%
Div Frequency:
Div Rate (ttm):-
Yield (ttm):-
Assets (AUM):$741.42K
  • Aug. 25, 2016, 3:43 AM
    • Monsanto (NYSE:MON) has withdrawn its application to launch its new pest-resistant cotton seeds in India amid a dispute with the government.
    • The move comes after the latter slashed by 70% the royalties that Monsanto could earn from local seed businesses that use the U.S. company's Bollgard gene technology.
    • Major losers will be India's seven million cotton farmers, who have benefited massively from access to GM seeds and need the latest generation. Prior to GM bringing its technology to India in 2002, entire cotton fields were often destroyed by boll worms.
    • ETFs: BAL, CTNN
    Aug. 25, 2016, 3:43 AM | 16 Comments
  • May 24, 2016, 5:04 AM
    May 24, 2016, 5:04 AM | 11 Comments
  • Apr. 29, 2014, 7:15 PM
    Apr. 29, 2014, 7:15 PM
  • Jun. 15, 2012, 5:43 AM
    China, the world's largest cotton user, is reportedly looking to buy 1M metric tons of cotton from the U.S. to boost government stockpiles. Sources say 160K tons have been bought since last week. "The Chinese government has become the most important factor in global demand and supply," says analyst Dong Shuangwei, even as "the fundamentals still paint a rather gloomy picture." Cotton futures +2.43%. Jun. 15, 2012, 5:43 AM | 2 Comments
  • Mar. 11, 2012, 8:50 AM

    India decides to kill a one-week old cotton export ban following protests from farmers and traders. The move will allow growers to get a market price for their product instead of being corralled into selling domestically for less. The ban had led to a spike in cotton prices, which has since reversed.

    Mar. 11, 2012, 8:50 AM | 3 Comments
  • Mar. 6, 2012, 11:04 AM

    India will reassess the Trade Ministry's ban on cotton exports on Friday after Farm Minister Sharad Pawar slammed the move as "highly objectionable" and said it would hurt local producers. Cotton futures are -1.2% and giving up some of yesterday's gains.

    Mar. 6, 2012, 11:04 AM
  • Mar. 5, 2012, 11:32 AM

    India banned cotton exports to ensure supplies for local mills, having already exported 9.4M bales and passed its quota. U.S. producers could benefit, although VIP Commodities says the country is "almost out of cotton." Opinion is split over whether the ban will force prices higher still or whether weak demand at mills will cap them.

    Mar. 5, 2012, 11:32 AM
  • Mar. 5, 2012, 6:49 AM

    India, the world's No. 2 producer of cotton, bans all cotton exports, effective immediately. No explanation of the embargo has been offered. Cotton futures jump 4.5% to $0.92.

    Mar. 5, 2012, 6:49 AM | 5 Comments