Jernigan Global Weekly 21-Sep-2020
Posted : October 24, 2020

JERNIGAN GLOBAL
News Letter 21-Sep-2020

1. US AND CHINA’S RETAIL APPAREL MARKETS’ DIFFERENCES NARROW AS US WEAKNESS CONTINUES

2. SHIPMENTS OF 2020 BRAZILIAN CROP INCREASING ALONG WITH NEW CFR BASIS PRESSURE

3. US CUSTOMS AND BORDER PROTECTION ISSUES LIMITED WITHHOLD ORDERS ON XINJIANG COTTON TEXTILES

4. US COTTON CROP SHRINKS FURTHER AS THE CHALLENGES OF 2020 NEVER END

5. CHINA PURCHASES OF US GRAINS WERE AGAIN ROBUST LAST WEEK, ALONG WITH LARGE SALE OF US COTTON

6. AUSTRALIA RAIN EVENT ARRIVES AHEAD OF WIDESPREAD PLANTING

7. CFR BASIS BREAKING ON AFRICAN FRANC ZONE STYLES

8. ICE FUTURES STALL NEAR 67 CENTS AS DEMAND WANES OUTSIDE OF RESERVE SALES

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