President Huang Hongyu was invited to attend the 2024 Cotton Outlook Forum and share his market insights and business strategies.

President Huang Hongyu was invited to attend the 2024 Cotton Outlook Forum and share his market insights and business strategies.
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  • President Huang Hongyu was invited to attend the 2024 Cotton Outlook Forum and share his market insights and business strategies.
On December 6th, at the first roundtable forum of the 2024 Cotton Outlook Forum, industry representatives engaged in a lively and in-depth discussion on the topic of "Situation Analysis and Business Strategies".
Regarding the current situation of imported cotton trade, Huang Hongyu, general manager of Henan Tongzhou Cotton Industry Co., Ltd., introduced the characteristics of the current imported cotton market from several aspects: the current domestic imported cotton inventory and basis situation, and the import situation of American cotton from various countries.
Regarding the impact of China's macroeconomic situation and the US additional tariffs policy, Huang Hongyu believes that the Chinese economy is in a period of transformation, and its internal economic drivers are changing. The transfer and reconstruction of supply chains in Europe and the US have resulted in overcapacity in China's existing manufacturing industry, and rebalancing will take a considerable amount of time. These two major factors have caused some problems and difficulties for some textile companies in their operations. Trump's potential re-election and the subsequent tariff policies have increased uncertainty for 2025, and China needs to adopt corresponding policies to hedge risks. In addition, China needs to continue implementing policies to boost confidence.
Regarding suggestions and strategies for risk mitigation under the current cotton supply and demand context, Huang Hongyu stated that risk mitigation and policy formulation require a certain degree of market judgment, identifying the key points of market contradictions, and making full use of various financial tools to mitigate risks.

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Mr. Wei Gangmin, Chairman of our company, was elected Vice President of the Fifth Council of the China Cotton Association

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Executives from COFCO International visited Tongzhou Cotton for inspection and guidance

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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