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BAL - Cotton Trades At A Multiyear Low- BAL Is The Cotton ETF Product That Offers Value
iPathA Series B Bloomberg Cotton Subindex Total Return ETN
Cotton is part of our daily lives. We wear clothing and sleep on bedding made of the fluffy fiber. Cotton futures trade on the Intercontinental Exchange and is a member of the soft commodity sector of the raw materials market.
China is the world’s leading consumer of cotton, as it accounted for 18.1% of total global cotton imports in 2018. The top three producing countries are China, India, and the United States. Florida, Mississippi, California, Texas, and Arizona are the top producing states in the US.