JERNIGAN GLOBAL
News Letter 02-Nov-2020

1. CHINA COTTON FIBER AND YARN IMPORTS CONTINUE TO EXPAND BOOSTING TRADE LEVELS

2. TURKISH LIRA PLUNGES TO NEW RECORD LOW  AMID EXPANDING POLICY ISSUES

3. US URBAN UNREST A SERIOUS PROBLEM FOR RETAIL APPAREL

4. AUSTRALIAN RAINS BOOST CROP PROSPECTS:  CFR BASIS STEADY

5. CHINA ELS COTTON SUBSIDY INCREASES TO  175 CENTS TARGET PRICE

6. EUROPEAN CONSUMPTION REBOUND IN DOUBT  AS SECOND VIRUS WAVE ACCELERATES

7. PAKISTAN REMAINS ACTIVE COTTON IMPORT MARKET

8. SNOW, RAIN, AND ICE POUND US COTTON STILL IN THE FIELD

9. INDIA WEATHER IMPROVES; DOMESTIC PRICE RALLY STALLS

10. BRAZILIAN COTTON BELT RAINS ARRIVE/CFR BASIS FIRM

11. ICE COTTON RALLY ENCOUNTERS STIFF RESISTANCE  NEAR 72.50