As cotton prices surged, China trader amassed US$510m bet

A landmark U.S. fine for excessive speculation in the benchmark cotton futures market has revealed a startling new dimension to last year’s blistering winter price rally: the biggest bull was a Chinese trader with a US$510 million punt.

via Business feed http://www.scmp.com/business/commodities/article/1048503/cotton-prices-surged-china-trader-amassed-us510m-bet