Jernigan Global Weekly 20-Jul-2020
Posted : August 10, 2020

JERNIGAN GLOBAL
News Letter 20-July-2020

1. US WUHAN VIRUS SCHOOL CLOSING HAS 100 BILLION USD BACK TO SCHOOL SPENDING AT RISK

2. US COTTON CONSUMPTION AT RETAIL COULD FALL 1.34 MILLION BALES

3. LEICHESTER, UK SUPPLY CHAIN COMPETED WITH BANGLADESH THIS OCCURRED WITHOUT TECHNOLOGY OR MAJOR INVESTMENTS

4. PAKISTAN MILL USE IMPROVES ALONG WITH TRADE

5. INDONESIAN COTTON USE REMAINS WEAK AS VIRUS CONTINUES TO RAGE

6. US ASIA CFR BASIS COMES UNDER PRESSURE AMID EXPORT DROUGHT

7. US RETAIL SALES IN JUNE FALL 23.2% FROM A YEAR AGO

8. CHINA COTTON USE STABLIZES WITH DEMAND FOR BONDED WAREHOUSE STOCKS IMPROVING

9. INDIAN DOMESTIC PRICES REMAIN WEAK AS DO EXPORT OFFERS

10. ICE FUTURES DRIFT LOWER AMID NO VOLUME AND NO EXPORT DEMAND

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