Our company's high-end cotton textile elite forum was a complete success
6 Month 16 On the day, the Cotton Textile Elite High-end Forum, hosted by the Raw Material Industry Chain Branch of the China Cotton Textile Industry Association and the China Cotton Elite Club, supported by the Zhengzhou Commodity Exchange, and co-organized by Tongzhou Cotton, was successfully held via online live broadcast. Our chairman, Wei Gangmin, delivered the opening remarks, suggesting that cotton textile enterprises should objectively and rationally view the current market, stick together to keep warm, and overcome difficulties together; as one of the guests of the roundtable forum, President Huang Hongyu shared the current situation of the cotton industry and the practical experience of enterprises using futures and options tools to hedge market risks; Wang Sijia, cotton researcher of Tongzhou Research Institute, gave a special report on "Analysis of the Cotton Market Situation in the Year", which was detailed and informative, and was widely praised by the participants. 2022 Year Cotton Market Situation Analysis This forum has received widespread attention from industry peers and the investment market, with a cumulative viewership of nearly 2800 people, once again demonstrating our company's industry influence and brand reputation!
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.
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.
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.
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.
Henan Tongzhou Cotton Industry Co., Ltd.
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Henan Tongzhou Cotton Industry Co., Ltd.
Address: 10th Floor, Henan Nongxin Building, No. 19 Commercial Outer Ring Road, Zhengdong New District,Zhengzhou, China
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Email：tongzhou@tongzhoucotton.com
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