Jernigan Global Weekly 25-Oct-2021
Posted : December 04, 2021

JERNIGAN GLOBAL
News Letter 25-Oct-2021

 

  1. SUPPLY CHAIN COLLAPSE, POOR MANAGEMENT OF LOGISTICS, CONTAINER LINE ABUSE AND GREED … ALL CAUSE MAYHEM FOR COTTON TRADE

 

  1. WILL THE PLUNGE IN THE TURKISH LIRA IMPACT COTTON DEMAND?

 

  1. US PIPELINE RAPIDLY FILLING UP; LONGER STAPLE 41S ABOUND

 

  1. FIXED PRICED SALES STOP AS DEC ICE BECOMES A PURE SPEC PLAY

 

  1. CHINA BUYS ADDITIONAL COTTON AS DOMESTIC PRICE PREMIUM REACHES 20-25 US CENTS A LB.

 

  1. INDIA NEW CROP ARRIVALS SOAR AS PRICES HOLD AT THE HIGHS

 

  1. BRAZIL FACES MAJOR SHIPPING DELAYS AS LOGISTICAL ISSUES CONTINUE

 

  1. AUSTRALIA HAS TO REPLANT AFTER COLD, WET START

 

  1. ICE REMAINS ELEVATED AS SELLING REMAINS LIGHT; SPEC ACTIVITY HIGH

 

  1. ICE RETREATS WITH CHINESE INFLUENCE DOMINATING TRADE

 

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