China's textile industry exports are growing.


According to customs data, from January to November, China's exports of household textiles reached US$44.099 billion, a year-on-year increase of 4.95%. However, foreign trade enterprises are under pressure, export prices have fallen, and to some extent, this reflects the compression of profit margins. From January to November, the export volume of China's household textiles increased by 14.47% year-on-year, while the export unit price decreased by 8.31% year-on-year. Judging from the data in recent years, the growth rate of unit price has shown a downward trend. In terms of product categories, exports of cotton products weakened while those of chemical fiber products strengthened. In terms of export markets, the US and European markets played a major driving role.
Among China's six major categories of exported household textiles, bedding, upholstery, carpets, and textile products for dining and kitchens saw export growth from January to November. Blanket products saw a slight decrease, while the decrease in towel products was the most significant.

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.