Jernigan Global Weekly 08-Feb-2021
Posted : February 26, 2021

JERNIGAN GLOBAL
News Letter 08-Feb-2021

1. FOSSIL FASHION BEGINNING TO COME UNDER ASSAULT AS THE YEAR OF THE GREEN ADVANCES FASHION’S RELIANCE ON FOSSIL FUEL DERIVATIVES MOVES INTO SPOTLIGHT

2. INCREASED RISK OCCURING IN CHEAP GLOBAL CUT/SEW CENTERS MYANMAR COUP – ETHIOPIA MCKELLE PARK BOMBED

3. TURKEY QUICKLY BECOMING THE APPAREL SOURCING HUB FOR EUROPE

4. US WEEKLY EXPORTS APPEAR TO HAVE TRIGGERED SOME RATIONING OF US SUPPLIES

5. BRAZILIAN CONCERNS OVER CROP DELAYS CONTINUE

6. WILL THE ARRIVAL OF 81 CENTS DEC COTTON MAINTAIN US ACREAGE?

7. ELS PRICES SURGE REACHING THE HIGHEST LEVELS SINCE 2018

8. XINJIANG COTTON HITS NEW RECORD AS GINNING EXCEEDS ESTIMATES

9. INDIA ANNOUNCES COTTON IMPORT TAX AND CFR BASIS WEAKENS AS ICE ADVANCES

10. MARCH ICE FUTURES NEAR 85 ON HEAVY VOLUME

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