Zhengzhou Commodity Exchange cross-variety "industrial base" exchange meeting was held in our company
On April 12, Zhengzhou Commodity Exchange held a cross-commodity "Industrial Base" exchange meeting at our company. Leaders from the Market Development Department and Futures Derivatives Department of Zhengzhou Commodity Exchange, including the person in charge of the industrial base, Zhang Yan, Deputy General Manager of Sichuan Nongzi Chemical Fertilizer Co., Ltd., the "urea" industrial base, and Li Liansheng, General Manager of Yide Futures Zhengzhou Branch, visited to guide and exchange. Huang Hongyu, President of our company, Wang Haojie, President Assistant and General Manager of the Procurement Company, Fu Ru Jian, General Manager of the Spot Strategy Department and Trading Management Department, and Zhang Zhiyan, Director of the General Office, participated in the meeting.
Mutual learning and mutual growth. President Huang focused on introducing our company's growth history, business model, and business philosophy, and elaborated on the company's "Tongzhou experience" and insights in using futures and options tools. All parties discussed the industry characteristics, industrial structure, and trading models of cotton and urea products, and shared the construction experience and future outlook of the Zhengzhou Commodity Exchange's "Industrial Base".
Activity Background In order to thoroughly implement the spirit of the 20th National Congress of the Communist Party of China, the Central Financial Work Conference, and the Central Economic Work Conference, help industrial chain enterprises scientifically and reasonably utilize futures and derivatives tools to manage risks, and promote the high-quality development of the real economy, the Zhengzhou Commodity Exchange supports the construction of "industrial bases" serving the real economy by leading enterprises in the industrial chain and other relevant units.
On March 14, 2024, our company once again won the title of "Industrial Base" partner unit of Zhengzhou Commodity Exchange in 2024. This is the sixth consecutive year that Tongzhou Cotton has been the "Industrial Base" partner unit of Zhengzhou Commodity Exchange in the cotton textile sector since the first launch of the industrial base in 2019.
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
Tel：86037165836206
Email：tongzhou@tongzhoucotton.com
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