JERNIGAN GLOBAL
News Letter 06-Sep-2021

1.  NEW DOUBTS REGARDING CHINA’S LUXURY MARKET AS XI LAUNCHES NEW “CULTURE REVOLUTION”

2.  PAKISTAN’S DOMESTIC PRICES HIT 105 CENTS BEFORE RETREATING

3.  INDIA NEW CROP STARTS TO MOVE/ PRICES DISCOUNTED FOR FORWARD SALES

4.  CHINA ZCE FUTURES BASIS AT RECORD LOWS TO CASH PRICES

5.  CFR BASIS LEVELS MOVE HIGHER AS SHIPPING COSTS CONTINUE TO RISE

6.  US HARVEST ADVANCES; SOUTH TEXAS CROP OF EXCELLENT QUALITY

7. PHYSICAL COTTON PRICES STEADY AS ICE CONSOLIDATES; CONCERN OVER DEMAND INCREASING