Jernigan Global Weekly
Posted : March 30, 2020

JERNIGAN GLOBAL
News Letter 23-March-2020

1. 150 BILLION APPAREL SALES AT RISK AS CHINESE “RED SWAN” EVENT IMPACTS EUROPE & NORTH AMERICA DEMAND DESTRUCTION OCCURS AS RETAILERS CLOSE

2. PRODUCTION CUTBACKS BEGIN TO HIT SUPPLIERS

3. SHARP CONTRACTION IN GLOBAL COTTON DEMAND EXPECTED

4. CHINA IS RETURNING TO WORK WITH SHANGHAI LEADING THE WAY

5. USDA AWP RATE DROPS BELOW CCC LOAN RATE

6. ICE FUTURES PLUNGE AS HEAVY SPECULATIVE SELLING CONTINUES AS NEW CONCERNS OVER DEMAND EXPANDS

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