Hi Nic,
On this, I think that was the larger point of the article that ronnie posted - not getting into the details here. That speculation [those 8.6 mil bales sold and only 200000 exist for actual delivery] to the mills that make the T-shirts.

That the price of Cotton has been driven up through speculation.

If you are interested and will be around a little while, I'll go back to your first post and try to comment.

Lee