Group 1: Apple Report Industry Investment Rating - The investment strategy for apples is to be bullish with fluctuations [3] Core View - Apple futures prices closed lower yesterday, but the enthusiasm of merchants for purchasing goods is high. After the holiday, apple prices remain stable. The new season's apples have entered the fruit - setting period, with a poor performance in the western region. The late - Fuji apple's shipping speed continues to accelerate. Boosted by the traditional consumption peak season and the May Day holiday, the enthusiasm of merchants in the producing areas to search for goods is high, and the price has increased significantly compared with that before the Tomb - Sweeping Festival. The de - stocking speed of apples is faster than that of the same period last year, and the remaining inventory is at the lowest level in the same period in the past five years. Although the new season's apples are uncertain, the strengthening of the spot market is relatively certain [2] Summary by Directory - Market News and Important Data: The closing price of the apple 2510 contract yesterday was 7,795 yuan/ton, a change of - 91 yuan/ton from the previous day, a decrease of 1.15%. In Shandong Qixia, the price of 80 first - and second - grade late - Fuji apples was 4.10 yuan/jin, unchanged from the previous day, with a spot basis of AP10 + 405, a change of + 91 from the previous day. In Shaanxi Luochuan, the price of 70 and above semi - commercial late - Fuji apples was 4.30 yuan/jin, unchanged from the previous day, with a spot basis of AP10 + 805, a change of + 91 from the previous day. After the holiday, merchants in the apple market look for goods as needed, mainly shipping pre - packaged goods. The transaction of merchants' goods in the western producing areas is stable, and spot merchants' purchases are okay. In Shandong, the number of merchants looking for goods has slightly decreased compared with before the holiday, but the high - cost - effective goods are still selling well, and the price of in - warehouse goods is relatively stable. The sales in the sales areas are okay, and downstream wholesalers maintain on - demand purchases [1] - Market Analysis: Apple futures prices closed lower yesterday. The enthusiasm of merchants for purchasing goods is high, and apple prices remain stable after the holiday. The new season's apples have entered the fruit - setting period, with a poor performance in the western region. It is necessary to continuously track the weather conditions in the producing areas. The late - Fuji apple's shipping speed continues to accelerate. Boosted by the traditional consumption peak season and the May Day holiday, the enthusiasm of merchants in the producing areas to search for goods is high, and the price has increased significantly compared with that before the Tomb - Sweeping Festival. The de - stocking speed of apples is faster than that of the same period last year, and the remaining inventory is at the lowest level in the same period in the past five years. The remaining goods in the western producing areas are relatively concentrated, mainly merchants' goods. The sales of farmers' goods in Shandong are accelerating, and the secondary producing areas are gradually clearing their warehouses. The resistance to price cuts in the market is strong. In the sales areas, the arrival of goods in the Guangdong Chalong market last week increased slightly compared with the previous week, the market sales improved, downstream customers replenished goods as needed, and the digestion progress was good, with no obvious backlog in the transfer warehouses. Most producing areas have entered the flowering period, and some areas have entered the fruit - setting period. Low - temperature freezing, strong winds, high - temperature drought, etc. have a greater impact on fruit - setting. The fruit - setting in Shaanxi is generally poor. The new season's apples are uncertain, but the strengthening of the spot market is relatively certain. The market is mainly trading on the strong reality, and it is not yet known whether there is a weak expectation. It is necessary to continue to pay attention to the weather, fruit - setting, thinning, and bagging in the producing areas. Recently, seasonal fresh fruits will be on the market in large quantities, and the rising temperature may have a certain impact on apples. However, the output of melons has decreased this year, so it is necessary to pay attention to the impact of melon price fluctuations on apples. Currently, there are not many remaining goods in the producing areas, and the ownership of goods is relatively concentrated, and the enthusiasm of merchants to search for goods remains undiminished [2] - Strategy: The investment strategy for apples is to be bullish with fluctuations [3] Group 2: Red Dates Report Industry Investment Rating - The investment strategy for red dates is neutral [6] Core View - Red date futures closed lower yesterday. The Dragon Boat Festival stocking is in an orderly manner. The supply of goods in the sales areas is sufficient, with mostly sub - standard goods arriving. The trading volume of high - quality goods is okay. The red date production in 2024 exceeded expectations, and the market has no obvious differences in the fundamentals of red dates. The peak consumption season for red dates has passed, and the current futures and spot prices are at historical lows. The arrival of goods in the sales areas decreased slightly last week. It is currently the traditional off - season, with an increasing supply of seasonal fruits and a weakening demand for tonics. The market trading atmosphere for red dates is poor. According to the seasonal law of red dates, the off - season for consumption will last until September. Since last week, some downstream traders have started to stock up for the Dragon Boat Festival. It is necessary to pay attention to the recent replenishment intensity, and the sales may improve. The market's focus will shift to the growth of new - season red dates. Currently, the jujube trees in the southern Xinjiang main producing areas have entered the budding stage. Due to the large output of red dates in the 2024 season, there is a problem of over - exhaustion of jujube trees, so the potential hidden dangers in the new - season growth have increased, and the probability of market opportunities arising from the growth situation in the flowering and fruit - setting stages has increased [5] Summary by Directory - Market News and Important Data: The closing price of the red date 2509 contract yesterday was 9,015 yuan/ton, a change of - 35 yuan/ton from the previous day, a decrease of 0.39%. In Hebei, the spot price of first - grade grey jujubes was 8.30 yuan/kg, unchanged from the previous day, with a spot basis of CJ09 - 715, a change of + 35 from the previous day. In the Xinjiang grey jujube main producing areas, the jujube trees germinate in batches. Currently, the growth is normal, and the earlier - germinated jujube trees have shown flower buds. Jujube farmers are actively carrying out field management, and the bud - rubbing work has started in Hotan. As the weather warms up, it is necessary to pay attention to the growth situation and weather changes in the producing areas. In the Hebei Cuierzhuang market, 10 trucks of goods arrived at the parking area, including both sub - standard and finished products, and the prices vary according to the quality of the arrived goods. The reference price for first - grade jujubes is 8.00 - 8.50 yuan/kg, and the market transaction is average. In the Guangdong Ruyifang market, 8 trucks of goods arrived, and the mainstream market price remained stable. The prices vary according to the quality of the arrived goods. The reference price for special - grade jujubes is 10.00 - 11.00 yuan/kg, and for first - grade jujubes is 8.60 - 9.20 yuan/kg. Merchants purchase goods as needed, and about 3 trucks of goods were traded [3][4] - Market Analysis: Red date futures closed lower yesterday. The Dragon Boat Festival stocking is in an orderly manner. The supply of goods in the sales areas is sufficient, with mostly sub - standard goods arriving. The trading volume of high - quality goods is okay. The red date production in 2024 exceeded expectations, and the market has no obvious differences in the fundamentals of red dates. The peak consumption season for red dates has passed, and the current futures and spot prices are at historical lows. The arrival of goods in the sales areas decreased slightly last week. It is currently the traditional off - season, with an increasing supply of seasonal fruits and a weakening demand for tonics. The market trading atmosphere for red dates is poor. According to the seasonal law of red dates, the off - season for consumption will last until September. Since last week, some downstream traders have started to stock up for the Dragon Boat Festival. It is necessary to pay attention to the recent replenishment intensity, and the sales may improve. Jujube trees are light - loving crops, requiring at least 11 - 12 hours of sunlight per day. Appropriate temperature and humidity conditions are crucial for flowering and fruiting. Excessive drought or low temperature will affect the yield and quality. The market's focus will shift to the growth of new - season red dates. Currently, the jujube trees in the southern Xinjiang main producing areas have entered the budding stage. Due to the large output of red dates in the 2024 season, there is a problem of over - exhaustion of jujube trees, so the potential hidden dangers in the new - season growth have increased, and the probability of market opportunities arising from the growth situation in the flowering and fruit - setting stages has increased [5] - Strategy: The investment strategy for red dates is neutral. Currently, the absolute price is at a low level. In the short term, the price of red dates is still supported by the Dragon Boat Festival stocking. It is necessary to continuously pay attention to the market opportunities brought about by the impact of the over - exhaustion in the 2024 red date season and weather changes on the growth of new - season red dates [6]
农产品日报：苹果西部坐果欠佳，红枣等外到货居多-20250509
Hua Tai Qi Huo·2025-05-09 08:14