Mr. Huang Hongyu, President of our company, was invited to deliver a keynote speech on "Analysis and Outlook of the Cotton Market in the New Year".


Mr. Huang Hongyu, President of our company, was invited to deliver a keynote speech on "Analysis and Outlook of the Cotton Market in the New Year".
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  • Mr. Huang Hongyu, President of our company, was invited to deliver a keynote speech on "Analysis and Outlook of the Cotton Market in the New Year".
On September 12, the "2023 Cotton Industry Development and Risk Management Forum and the Joint Construction and Exchange Meeting of the Corps Cotton Association, the Cotton Exchange Center, and Huarong Rongda Futures" was held in Urumqi, Xinjiang. This event was jointly organized by the Xinjiang Production and Construction Corps Cotton Association, the Shanghai International Cotton Exchange, and Huarong Rongda Futures Co., Ltd., and undertaken by Huarong Rongda Futures Northwest Branch and Shanghai F纺投 Trading Co., Ltd.
Mr. Huang Hongyu, President of our company, was invited to attend and delivered a keynote speech on "Analysis and Outlook of the Cotton Market in the New Year." President Huang stated that many factors determine commodity prices; qualitative analysis is easy, but quantitative analysis and timing are difficult to grasp. The main contradiction in the current market trading is on the supply side, and there are still trading opportunities before dawn. The transmission of China's cotton textile industry chain began to change in July, and the profits in the first half of the year can still support the downstream to move forward for a while. Recently, the global inventory-consumption ratio has decreased year-on-year. We need to observe the actual increase in production in China, the United States, and India, as well as China's external consumption. In the midst of the greatest changes unseen in a century, while seizing opportunities, we must remain vigilant against risks and ensure safety.

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 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.


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.