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