JERNIGAN GLOBAL
News Letter 01-Aug-2021

1. CHINA: HENAN FLOODING IMPACTS TEXTILE AND APPAREL SECTOR AND COTTON STORAGE WAREHOUSES

2. HEAT WAVE OVER NORTHERN XINJIANG EXPECTED THROUGH AUGUST 6

3. XINJIANG EXPORTS TO EUROPE INCREASED DESPITE HUMAN RIGHT ISSUES

4. APPAREL SOURCING IN ETHIOPIA IMPACTED AS UNREST CLOSES DJIBOUTI RAILWAY

5. AUSTRALIAN 2022 CROP BASIS FALLS TO EXTREME DISCOUNT

6. LOGISTICS CAUSING PROBLEMS FOR SPINNERS; US HAS OVER 1.7 MB SOLD BUT UNSHIPPED

7. STRONG DEMAND FOR CCI AUCTIONS AS INDIAN  SPOT PRICES HIT 98 CENTS

8. ICE FUTURES FIND RESISTANCE AT 91 CENTS AMID  NO CHINA IMPORT DEMAND