Ding Haowu, chairman of the National Cotton Exchange, and his entourage visited Tongzhou Cotton for research and guidance


Ding Haowu, chairman of the National Cotton Exchange, and his entourage visited Tongzhou Cotton for research and guidance
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  • Ding Haowu, chairman of the National Cotton Exchange, and his entourage visited Tongzhou Cotton for research and guidance
On September 9th, Ding Haowu, Chairman of the National Cotton Exchange Market, and his entourage visited Tongzhou Cotton for investigation and guidance. Wei Gangmin, Chairman of our company; Huang Hongyu, President; Li Tao, Vice President; Fu Ru Jian, General Manager of the Spot Strategy Department and Trading Management Department; and Zhang Zhiyan, Director of the General Office, met with them and participated in a symposium.
 
Chairman Wei first extended a warm welcome to the guests and expressed his sincere gratitude for the strong support the National Cotton Exchange Market has given Tongzhou Cotton over the years. He then gave a detailed introduction to the basic situation of Tongzhou Cotton, including its asset status, credit status, and development status. He emphasized the company's innovative management mechanisms, constantly promoting the organic combination and cross-border integration of talent, capital, and resources, to achieve iterative upgrades of the company's development strategy of "professionalization, industrialization, internationalization, and financialization."
 
The exchange markets good cotton, we are in the same boat, the public interest is paramount! In the next step, Tongzhou Cotton and the National Cotton Exchange Market will continue to maintain close cooperation, continuously improve their industry standing and fulfill their social responsibilities, continuously deepen cooperation models and improve service levels, and jointly empower the high-quality development of China's cotton industry!

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.