JERNIGAN GLOBAL
News Letter 24-Aug-2020
1. US BIG BOX RETAILERS’ SALES SURGE WHILE APPAREL RETAILERS SUFFER
2. BAD NEWS FOR COTTON AS ENVIRONMENTAL MESSAGE NOT BEING TOLD
3. NEW SHOCKING EVIDENCE THAT PLASTIC MICRO AND NANO FIBERS ACCUMULATE IN HUMAN ORGANS
4. PAKISTAN TEXTILE AND APPAREL EXPORTS RETURN TO GROWTH
5. WILL CHINESE DEMAND FOR AUSTRALIAN COTTON REBOUND IN 2020/2021?
6. INDIAN COTTON PRICES ADVANCE AS THE CCI RAISES FLOOR PRICES
7. US FOB BASIS LEVELS TO GROWERS WIDEN AMID WEAK DOMESTIC DEMAND
8. OVER 35% OF US 2020/2021 EXPORT SALES ARE IN THE HANDS OF BEIJING
9. TWO TROPICAL STORMS BEAR DOWN ON US COTTON BELT
10. BRAZIL TEXTILE AND APPAREL OUTPUT REMAINS WEAK; REAL EXPERIENCES NEW WEAKNESS
11. ICE FUTURES AGAIN ATTEMPT TO MOVE HIGHER; CASH TRADE DOMINATED BY INDIAN AND OTHERS