The first Zhengzhou Commodity Exchange-Tongzhou Cotton "Industrial Base" event in 2020 was successfully held.

The first Zhengzhou Commodity Exchange-Tongzhou Cotton "Industrial Base" event in 2020 was successfully held.
+
  • The first Zhengzhou Commodity Exchange-Tongzhou Cotton "Industrial Base" event in 2020 was successfully held.

       On May 29th, the "Zhengzhou Commodity Exchange - Tongzhou Cotton Industry Base" event - Henan Textile Enterprise Hedging Training Conference was successfully held at the Zhengzhou Mercure Hotel. Our chairman, Wei Gangmin, President Huang Hongyu, Assistant President and General Manager of Investment and R&D Department Zhao Nana, and more than 30 representatives from Henan textile enterprises attended the meeting, with Assistant President and General Manager of Sales Company Li Tao presiding over the meeting.

First, our senior cotton futures analyst, Peng Yao, gave a themed report on "Cotton Fundamental Analysis." She detailed the resumption of work and operation of cotton textile industry chain enterprises since the outbreak of the epidemic, systematically analyzed the relationship between the current high cotton inventory and low prices, and analyzed future cotton futures and spot trading opportunities from the perspectives of the epidemic development trend, the expected inventory-consumption ratio, and changes in Sino-US relations. Subsequently, Haitong Futures analyst Wang Kewei shared the topic of "Cotton Yarn Futures Hedging Experience," explaining several practical cases of cotton yarn futures hedging, cotton and cotton yarn arbitrage, and cotton yarn futures delivery. She also reminded textile companies of key points and precautions in the application process, including cotton yarn futures delivery rules, delivery procedures, and risk control.
Secondly, representatives from companies including Wei Shi Textile, Wugang Yutai, Shangqiu Huifeng, Wugang Yinlong, Xinxiang Lianda, Henan Tongtai, Kaifeng Xuri, Huixian Huanghe, Huixian Xianyuan, Xinxiang Mudan, and Kaifeng Hongjin, shared their experiences in participating in cotton yarn futures, the problems encountered in actual operations, and details of their recent company operations. They also shared their views on order expectations for the traditional off-season this year. Subsequently, Li Ying and Zuliyar from the agricultural products department of Zhengzhou Commodity Exchange provided detailed answers and plans for measures regarding issues of common concern, such as the modification of cotton yarn futures delivery rules, the improvement of delivery varieties, and how to enhance the activity of cotton yarn futures.
Finally, our chairman, Wei Gangmin, gave a summary speech. Mr. Wei mainly elaborated on the most likely future direction of cotton prices from the perspectives of the impact of the epidemic on the global economy and consumption, the relationship between cotton prices and value, the expected cotton policy regulation, and the reality of industrial operation. This provided an important decision-making reference for the business strategy and risk control of enterprises in the near future, receiving widespread praise from the participants.
 

previous：

A delegation led by Zhou Shuxia, Secretary of the Party Leadership Group and Vice Chairman of the Xinjiang Urmqi Municipal Committee of the Chinese People's Political Consultative Conference (CPPCC), visited our company for inspection and guidance.

next：

A delegation led by Vice Director Wang Fei of the Xinjiang Production and Construction Corps Financial Bureau visited our company for guidance and exchange.

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.

Details

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.

Details

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.

Details

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.

Details

President Huang Hongyu was invited to attend the 2025 Zhangjiagang Cotton Industry Development Conference

Sorry，当前栏目暂无内容!

您可以查看其他栏目或返回 首页

Sorry，The current column has no content!

You can view other columns or return Home