Jernigan Global Weekly 03-Feb-2020
Posted : February 25, 2020

JERNIGAN GLOBAL
News Letter 03-February-2020

1. WHO DECLARES GLOBAL HEALTH EMERGENCY:  CHINA PARALYZED BY CORONAVIRUS CHINA EXPERIENCES A “CHERNOBYL MOMENT”

2. AUSTRALIA EXPERIENCES A BIG WET IN NORTHERN QUEENSLAND AND LIGHTER RAINS IN THE COTTON BELT

3. AFRICAN FRANC ZONE CFR BASIS LEVELS REMAIN FIRM

4. GLOBAL COTTON DEMAND DRIVEN BY  NON-CHINESE SPINNERS

5. INDIAN EXPORT PRICES REMAIN COMPETITIVE AS CHINA SHIPMENTS ARE IN DOUBT

6. NEW COLLAPSE IN POLYESTER PRICES LIKELY  AS CRUDE OIL TUMBLES

7. ICE FUTURES COLLAPSE AS CHINA CORONAVIRUS  REMAINS OUT OF CONTROL

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