银河期货花生日报-20250610

Group 1: Report Overview - The report is a peanut daily report dated June 10, 2025, from the Commodity Research Institute's Agricultural Product R & D department [1][2] Group 2: Data Futures Market - PK504 closed at 8090, up 8 (0.10%), with a volume increase of 205.00% to 61 and an open - interest increase of 18.99% to 94 [3] - PK510 closed at 8304, down 6 (-0.07%), with a volume decrease of 37.79% to 43,182 and an open - interest decrease of 1.18% to 138,077 [3] - PK601 closed at 8086, up 10 (0.12%), with a volume decrease of 30.49% to 399 and an open - interest increase of 1.79% to 3,178 [3] Spot Market - Spot prices in Henan Nanyang, Shandong Jining, and Shandong Linyi were 9600, 8600, and 8600 respectively, with no change [3] - Imported Sudanese peanuts were priced at 8300 yuan/ton, with no change [3] - Ratios: The basis for Henan Nanyang was 1296, and for Shandong Jining and Linyi was 296 [3] By - products - Rizhao soybean meal was at 2850 yuan/ton, stable, and peanut meal was at 3250 yuan/ton, with the unit - protein spread between peanut meal and soybean meal being high [3][8] Spreads - PK01 - PK04 spread was - 4, up 2; PK04 - PK10 spread was - 214, up 14; PK10 - PK01 spread was 218, down 16 [3] Group 3: Market Analysis - Peanut prices in Henan and Northeast China were stable. Northeast Jilin Fuyu 308 was 4.8 yuan/jin, Liaoning Changtu was 4.8 yuan/jin, Henan's Baisha was 4.7 - 4.9 yuan/jin, and Shandong Junan was 4.2 yuan/jin [5] - Peanut oil prices were stable, with domestic first - grade ordinary peanut oil at 15000 yuan/ton and small - pressed fragrant peanut oil at 17000 yuan/ton [5] - Peanut oil mills' purchase prices were stable, with mainstream prices at 7350 - 7700 yuan/ton and a theoretical breakeven price of 8090 yuan/ton [5] - Short - term peanut prices were expected to be relatively weak due to tight supply and weak downstream demand [5][10] - Peanut 10 was expected to oscillate at a high level due to expected increased planting area, decreased planting cost, and uncertain weather [10] Group 4: Trading Strategies - Unilateral: Short Peanut 10 at high levels [11] - Spread: Reverse - spread Peanut 10 - 1 at low levels [12] - Options: Sell pk510 - C - 8800 [13] Group 5: Related Charts - The report includes charts on Shandong peanut spot prices, peanut oil mill profit, peanut oil prices, peanut spot - futures basis, Peanut 10 - 1 spread, and Peanut 3 - 10 spread [16][19][23]