Tongzhou Market Information Brief, Week 4 of July 2020

1. Zhengmian
Bullish factors:
1. Historically low absolute prices.
2. Resumption of work in Europe and the US continues to progress.
3. Weather-related basis premium expectations.
4. Macroeconomic easing boosts risk appetite.
Bearish factors:
1. Domestic terminal apparel export orders are recovering slowly.
2. High market circulation inventory, high warehouse receipts.
3. Strained US-China relations.
4. State reserves release.
2. US Cotton
Bullish factors:
1. Implementation of the Phase One US-China trade deal.
2. Textile mills in Southeast Asia and other countries have seen a month-on-month increase in operating rates.
3. US cotton production has seen a significant year-on-year decline.
4. Weather-related basis premium expectations.
Bearish factors:
1. The overseas epidemic continues to expand.
2. US cotton has poor market competitiveness.
3. CCI release of reserves.
3. Focus
1. Changes in the US-China trade situation.
2. Changes in the overseas epidemic.
3. Future planting area.
4. Locust situation and weather changes.

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Tongzhou Market Information Brief, Week 1 of August 2020

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Tongzhou Market Information Brief, Week 3 of July 2020

Leaders from Xiamen C&D Group visited Tongzhou for investigation and guidance

Leaders from Xiamen C&D Group visited Tongzhou for investigation and guidance

On March 3, Wang Yongqing, Vice President of Xiamen CNOOC Group, visited Tongzhou Group for investigation and guidance. Wei Gangmin, Chairman of our company; Huang Hongyu, President; Li Tao, Vice President; and Zhang Zhiyan, Director of the General Office, met with and participated in a symposium.

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Leaders from Xiamen C&D Group visited Tongzhou for investigation and guidance
Tongzhou Cotton Market Brief, Week 1 of March 2025

Tongzhou Cotton Market Brief, Week 1 of March 2025

1) This week's National People's Congress and the Chinese People's Political Consultative Conference (NPC & CPPCC) in China boosted market expectations for steady growth. In February, the Purchasing Managers' Index (PMI) for manufacturing stood at 50.2%, up 1.1 percentage points from the previous month, indicating a significant improvement in the manufacturing sector.

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Tongzhou Cotton Market Brief, Week 1 of March 2025
In 2024, China's exports of dyed and printed fabrics to Vietnam and Bangladesh increased significantly.

In 2024, China's exports of dyed and printed fabrics to Vietnam and Bangladesh increased significantly.

In 2024, China's dyeing industry saw rapid export growth to ASEAN and RCEP member countries, exceeding the overall export growth rate. However, this growth was accompanied by a decline in prices. From January to December, China's exports of eight major dyeing products to ASEAN totaled 7.908 billion meters, a year-on-year increase of 12.14%, 4.61 percentage points higher than the overall export growth rate, accounting for 23.58% of total exports. The average export price was US\$1.19 per meter, a year-on-year decrease of 2.75%, 0.64 percentage points lower than the overall decline. Exports to RCEP member countries totaled 8.431 billion meters, a year-on-year increase of 11.35%, 3.82 percentage points higher than the overall export growth rate. The average export price was US\$1.17 per meter, a year-on-year decrease of 2.79%, 0.60 percentage points lower than the overall decline.

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In 2024, China's exports of dyed and printed fabrics to Vietnam and Bangladesh increased significantly.
President Huang Hongyu was invited to attend the 2025 Zhangjiagang Cotton Industry Development Conference

President Huang Hongyu was invited to attend the 2025 Zhangjiagang Cotton Industry Development Conference

On February 28, Mr. Huang Hongyu, President of our company, was invited to attend the 2025 Zhangjiagang Cotton Industry Development Conference and, as a guest speaker at the "Xiangshan Roundtable," shared his views on the cotton market and trading opportunities.

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President Huang Hongyu was invited to attend the 2025 Zhangjiagang Cotton Industry Development Conference

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