JERNIGAN GLOBAL
News Letter 26-Oct-2020

1. COLLAPSE OF NEW YORK CITY AT HEART OF US RETAIL APPAREL SALES WEAKNESS

2. CHINA’S DOMESTIC COTTON PRICES FIND RESISTANCE AT 15,000 RMB/TON

3. INDIAN SHANKAR-6 EXGIN PRICE HITS 70 CENTS FOR FIRST TIME IN 2020/2021

4. HEAVY RAIN-PRODUCING SYSTEM MOVES INTO AUSTRALIAN COTTON BELT

5. US HARVEST ADVANCES; FOB BASIS FIRMS

6. BRAZIL CFR BASIS FIRMS AS EXPORT SALES EXPAND

7. PAKISTAN TEXTILE AND APPAREL EXPORTS BOOM AS IMPORTS EXPAND

8. CHINA IMPORT DEMAND STRONG FOR COTTON & YARN BUT CONCERNS OVER TAIWAN INTENTIONS ARE INCREASING

9. ICE FUTURES FIND RESISTANCE AT 72 CENTS