JERNIGAN GLOBAL
News Letter 19-Oct-2020

1. CHINA FIBER/TEXTILE MARKETS SURGE  IN POST HOLIDAY PERIOD  MOVING GLOBAL PRICES HIGHER

2. 2020/2021 XINJIANG CROP HAS MAJOR QUALITY PROBLEM

3. CHINESE COTTON YARN PRICES ADVANCED SHAPLY

4. CHINA’S PRICE SURGE TRIGGERS WIDESPREAD OFFTAKE OF BONDED WAREHOUSE STOCKS & IMPORTED COTTON YARNS

5. TURKEY INCREASES APPAREL AND TEXTILE  EXPORTS IN SEPTEMBER

6. AUSTRALIAN BASIS LEVEL FALLS SHARPLY AS  CHINA ISSUES UNOFFICIAL EMBARGO

7. PAKISTAN DOMESTIC PRICES HIT NEW HIGHS  TRIGGERING ADDITIONAL IMPORT OFFTAKE

8. US EXPORT SALES SLOW;  EXPORT SHIPMENTS CAUSE CONCERN

9. INDIA’S BULL MARKET IN PRICES CONTINUES;  NEW CONCERNS OVER WEATHER

10. ICE FUTURES REACH 70 CENTS FOR FIRST  TIME SINCE PANDEMIC