Cotton ETN Jumps After India Bans Exports
March 05, 2012 at 11:02 AM EST
An exchange traded note that follows cotton futures rallied Monday after India banned all exports of the commodity. The iPath Dow Jones-UBS Cotton ETN (NYSEArca: BAL) was up 6% at last check. It is the second time in two years that the world’s second-largest producer of cotton has banned exports,...
