Jernigan Global Weekly 29-Jun-2020
Posted : July 10, 2020

JERNIGAN GLOBAL
News Letter 29-June-2020

1. BRAZILIAN STYLES MOVE INTO THE SPOTLIGHT AS DISCOUNT INCREASES

2. CHINA DEMAND FOR LONGER STAPLE UPLAND AND PIMA HAS BEEN DAMAGED

3. CHINA’S FIRST QUARTER TEXTILE MACHINERY INVESTMENT PLUNGES AS ECONOMY SHRINKS

4. LUXURY DEMAND AT RETAIL IS FACING SERIOUS HEADWINDS

5. TURKEY’S DOMESTIC CONSUMPTION BEGINS TO RECOVER

6. CHINA/US TRADE AGREEMENT IS FLAWED AS MARKETS REMAIN AT THE WHIMS OF BEIJING

7. INDIAN NEW CROP PLANTING EXPANDS WHILE IMPORTS FROM CHINA EMBARGOED

8. USA: WEST TEXAS RECEIVES SCATTERED SHOWERS; LOWER US PLANTING INTENTIONS EXPECTED

9. ICE VOLUME AND OPEN INTEREST FALL AS CFR BASIS LEVELS COLLAPSE

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