Jernigan Global Weekly 31-May-2021
Posted : June 15, 2021

JERNIGAN GLOBAL
News Letter 31-May-2021

1. COTTON DEMAND INCREASES, PROVIDING SUPPORT TO PRICES AMID FIRM COTTON TEXTILE SUPPLY CHAIN

2. FREIGHT RATES CHANGING GLOBAL SOURCING; RECORD HIGHS POSTED

3. PHILIPPINES EXPERIENCES NEW ORDERS AS MYANMAR SOURCING ENDS

4. AUSTRALIA’S NORTHERN COTTON BELT GAINS MOMENTUM

5. CHINA’S COTTON YARN IMPORTS REACH HIGHEST LEVEL IN SIX YEARS IN APRIL

6. CHINESE LUXURY BRANDS FOCUS ON ONLY NATURAL FIBERS

7. INDIAN APPAREL FIRMS LOSE ORDERS DUE TO SHUTDOWN

8. PAKISTAN APRIL TEXTILE AND APPAREL EXPORTS CONTINUE MOMENTUM

9. US: TEXAS RAINS CHANGE OUTLOOK; WIDESPREAD EMERGENCE NOW EXPECTED

10. XINJIANG WEATHER IMPROVES/ FEARS OF YIELD LOSS EXPAND

11. CHINA MOVES TO ATTEMPT TO CONTROL COMMODITIES PRICES

12. ICE FUTURES FIND SUPPORT AS VOLATILITY DROPS AND SPECULATIVE INTEREST WANES

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