The iPath Pure Beta Cotton ETN (NYSEArca: CTNN) and the iPath Pure Beta Cocoa ETN (NYSEArca: CHOC) were among the best-performing exchange-traded products Thursday, June 7, as commodities and global stocks reacted to news of China cutting interest rates in order to help stimulate its economy.

As one of the world’s major consumers of raw commodities, the possibility of increased Chinese demand helped the price of cotton rebound after declines related to signs of excess supplies. Cocoa prices rallied earlier in the year, and are likely to continue rallying if Asian demand rises and low levels of production in Africa raises the price of the commodity.

CTNN gained 9.29 percent on Thursday, while CHOC rose 8.32 percent during yesterday’s session. CHOC is now up 1.55 percent year-to-date. Soybeans also responded well to yesterday’s news, with the Teucrium Soybean Fund (NYSEArca: SOYB) up 3.64 on the day.

Small-cap stocks were also net gainers Thursday, as the Dow Jones industrial average added 46.20 points, or 0.37 percent, ending the day at 12,460.96.

The IQ South Korea Small Cap ETF (NYSEArca: SKOR) gained 4.94 percent, while the iShares MSCI United Kingdom Small Cap Index Fund (NYSEArca: EWUS) and the iShares MSCI Finland Capped Investable Market Index Fund (NYSEArca: EFNL) were up 5.20 and 5.55 percent, respectively.

Bottom Performers

The Teucrium Sugar Fund (NYSEArca: CANE) returned to normal levels, losing 10.34 percent after Wednesday’s rally to top the list of the 10 worst-performing ETFs on Thursday.

CANE’s big jump on Wednesday appears to have been related to a bad trade that wasn’t subsequently canceled, meaning that CANE’s pullback yesterday was from an artificially elevated level above its net asset value.

Gold miner ETFs filled out the 10 worst-performers list as concerns over possibly—or the lack of—another round of quantitative easing after a statement from the Fed caused precious metal prices to fall.

Natural gas performed poorly as well, as the United States Natural Gas (NYSEArca: UNG), the iPath Dow Jones-UBS Natural Gas Total Return ETN (NYSEArca: GAZ) and the United States 12 Month Natural Gas Fund (NYSEArca: UNL) saw losses of 6.12 percent, 2.92 percent and 2.82 percent, respectively.

The C-Tracks Exchange-Traded Notes on the Citi Volatility Index (NYSEArca: CVOL) lost 8.05 percent on the day, while the ETFS Physical WM Basket (NYSEArca: WITE) shed 2.90 percent yesterday.

Top 10 1-Day Performers, Excluding Leverage/Inverse Funds and <1,000 Shares Traded

Disclaimer: All data as of 6 a.m. Eastern time the date the article is published. Data is believed to be accurate; however, transient market data is often subject to subsequent revision and correction by the exchanges.