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iPath Pure Beta Cotton ETN (CTNN)

- NYSEARCA
  • 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%.
    | 2 Comments
  • 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.
    | 5 Comments
CTNN vs. ETF Alternatives
CTNN Description
iPath® Pure Beta Cotton ETN is linked to the Barclays Capital Cotton Pure Beta TR Index (the "Index"). The Index is intended to reflect the returns that are potentially available through an unleveraged investment in the futures contracts in the Cotton markets.
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