Cotton above $1

Discussion in 'Commodity Futures' started by benwm, Sep 20, 2010.

  1. I have to agree CT Z0:CTH1 is pretty wild and profitable :) It amazes me though that the N1/Z1 is above $10.00
     
    #11     Sep 21, 2010
  2. Its kind of a paradox that you can buy cotton with cotton which pushes up the price of cotton but it doesnt matter because you are paying for it with cotton.
     
    #12     Sep 21, 2010
  3. bone

    bone

    And that would make Cotton pegged to the Yuan.

    If the Yuan was allowed to float by the People's Bank of China would then, in fact, Cotton be allowed to float?

    Cotton truly is an all-natural miracle fiber. And a power player in the G20.
     
    #13     Sep 21, 2010