瑞达期货红枣产业日报-20250709

1. Report Industry Investment Rating - No investment rating information is provided in the report [2] 2. Core Viewpoints - In the domestic market, the textile industry is in the off - season, with poor new orders and a slow decline in the overall operating rate. Enterprises are cautious in purchasing raw materials. Cotton is in the de - stocking state, and high - temperature weather in some Xinjiang areas increases the risk of heat damage to cotton, supporting a slightly stronger price trend, but the slow de - stocking process drags down the price rhythm, so the overall trend is slightly stronger with oscillations. One should also be vigilant about macro - factor risks [2] 3. Summary by Relevant Catalogs 3.1 Futures Market - The closing price of the futures main contract for red dates is 10,425 yuan/ton, with a decrease of 10; the main contract's position volume is 136,908 lots, an increase of 1,239; the net long position of the top 20 futures holders is - 11,018 lots, a decrease of 239; the number of warehouse receipts is 8,893 lots, an increase of 209; the effective warehouse receipt forecast is 1,745 lots, a decrease of 209 [2] 3.2 Spot Market - The wholesale price of first - grade grey dates in Hebei is 6 yuan/jin, in Henan is 4.3 yuan/jin; the wholesale price of special - grade red dates in Henan is 9.8 yuan/kg, in Hebei is 9.73 yuan/kg (a decrease of 0.02 yuan/kg), in Guangdong is 11 yuan/kg (an increase of 0.2 yuan/kg); the first - grade red dates price in Guangdong is 9.6 yuan/kg (an increase of 0.2 yuan/kg). The unified prices of red dates in Aksu, Alar, and Kashgar are 4.8 yuan/kg, 5.2 yuan/kg, and the price of Aksu is unchanged [2] 3.3 Upstream Market - The annual output of red dates is 318.7 million tons, and the planting area is 199.3 million hectares, a decrease of 4.1 million hectares [2] 3.4 Industry Situation - The national red date inventory is 10,520 tons, a decrease of 168 tons; the monthly export volume of red dates is 2,229,227 kg, a decrease of 132,571 kg; the cumulative export volume is 15,350,567 kg [2] 3.5 Downstream Situation - The wholesale price of red dates in the Hexi Agricultural and Sideline Products Market in Taiyuan, Shanxi is 1.47 yuan/kg, a decrease of 8 yuan/kg; the cumulative sales volume of red dates of好想你is 36,480.43 tons, a decrease of 2,981.06 tons; the cumulative year - on - year production of red dates of好想youis - 34.59% [2] 3.6 Industry News - On July 9th, in the Aksu area, it rained with a temperature between 18 - 28°C, which is suitable for fruit setting. Jujube farmers are actively managing their orchards, and the jujube trees are gradually entering the physiological fruit - dropping stage. One should pay attention to the fruit - setting situation and weather changes. Internationally, as of the week ending July 6, 2025, the boll - setting rate of US cotton is 14% (up from 9% last week, compared to 18% last year and a five - year average of 15%), the budding rate is 48% (up from 40% last week, compared to 51% last year and a five - year average of 49%), and the good - to - excellent rate is 52% (up from 51% last week, compared to 45% last year). Recent weather is conducive to crop growth, and combined with a stronger US dollar and a weaker grain market, it has pushed down the price of US cotton. The US is imposing tariffs on imported products from countries such as Japan and South Korea, and Trump has threatened to impose a new 10% tariff on BRICS countries [2]