Jernigan Global Weekly 25-May-2020
Posted : July 10, 2020

JERNIGAN GLOBAL
News Letter 25-May-2020

1. CHINA TRADE HOUSE PURCHASES OF US COTTON CONTINUE: ARE THESE LINKED TO THE RESERVE OR YUAN /USD EXCHANGE RATE?

2. NEW YORK CITY WAS NAMED GLOBAL FASHION CAPITAL JUST BEFORE THE WUHAN VIRUS STRUCK

3. BRAZILIAN CFR BASIS COMES UNDER MAJOR PRESSURE AS SALES SLOW

4. CHINESE MILLS TAKE UP INDIAN COTTON AT RECORD DISCOUNTS

5. USDA ANNOUNCES MAJOR NEW VIRUS DAMAGE AID FOR US FARMERS

6. FAITH IN CHINA INC IS CRUMBLING: CAPITAL IS BEING CUT OFF AS CHINA MOVES TO COMPLETE HONG KONG DESTRUCTION

7. CHINESE TEXTILE SECTOR SEES IMPROVEMENT LED BY POLYESTER

8. INDIA CCI PROCURES RECORD 9.2 MILLION BALES

9. ICE FUTURES’ RALLY STALLS NEAR 60 CENTS IN JULY AS DEMAND REMAINS WEAK

Latest News
USDA - WASDE
  • July-2020 The U.S. 2020/21 cotton projections show lower production, exports, and stocks compared
Plexus Market Comments 09 Jul
  • So where do we go from here? From a technical point of view the market looks constructive, with t
U.S. EXPORT SALES
  • For Week Ending 02-07-2020 2019-2020 Net Upland Sales 43,800 Upland Shipments 3,29,300 Net Pim