There Are Lots Of Reasons To Expect Cotton Prices To Drop, But None Seem Convincing, At Least Yet

China's Third Plenum concluded last month with Beijing's leaders vowing to ease up on state control of the world's second-biggest economy -- and to give supply and demand greater influence over commodity prices. Which begs the question: Whither cotton prices? Nearly 60 percent of the world's cotton supply is stored in China, according to the U.S. Department of Agriculture. If China starts selling off that massive stockpile, prices could implode.