农产品日报：苹果销区到货增加，红枣处弱平衡格局-20250902

Group 1: Investment Ratings - The investment strategy for both apples and dates is neutral [3][6] Group 2: Core Views - Apple prices are expected to remain stable in the short - term as the remaining inventory in the producing areas is at a low level and there are no prominent contradictions in the fundamentals. However, the short - term market is expected to be weak and stable due to factors such as the low proportion of high - quality goods in the producing areas, increased arrivals in the sales areas, slow inventory fruit sales, and the focus on the quality of late - maturing Fuji apples [2][3] - The prices of date futures and spot goods are oscillating at a high level after rising. The production of new - season dates is expected to decrease significantly, but the inventory of old dates remains high. The spot price in the sales area is firm, but the trading volume has declined, showing signs of weak demand [5][6] Group 3: Summary by Related Catalogs Apple Market News and Important Data - Futures: The closing price of the Apple 2510 contract yesterday was 8374 yuan/ton, a change of - 14 yuan/ton or - 0.17% from the previous day. - Spot: The price of 80 first - and second - grade late Fuji in Shandong Qixia was 3.75 yuan/jin, unchanged from the previous day; the price of over 70 semi - commercial late Fuji in Shaanxi Luochuan was 4.80 yuan/jin, an increase of 0.30 yuan/jin from the previous day. The spot basis of AP10 was - 874 in Shandong Qixia and + 1226 in Shaanxi Luochuan, with changes of + 14 and + 614 respectively from the previous day [1] - Market Information: Early - maturing Fuji in Shaanxi Weinan is on the market, with limited high - quality red fruits and good purchasing enthusiasm from merchants. In Shandong, the trading volume of Cream Red General is small, and the purchasing enthusiasm of merchants is also good. The market for inventory Fuji is stable and dull, and some fruit farmers and holders are starting to offer discounts [1] Market Analysis - Yesterday, the apple futures price closed lower. The proportion of high - quality goods in the producing areas is limited, the arrivals in the sales areas have increased, and the market transaction has improved slightly. The inventory fruit is of good quality but slow to sell. The market is at the transition point between the old and new seasons and focuses on the quality of late - maturing Fuji. The early - maturing fruit shows a polarization trend, and the inventory fruit is operating weakly. It is expected that the short - term market will be weak and stable [2] Strategy - The strategy is neutral. The current remaining inventory in the producing areas is at a low level, and the apple fundamentals have no prominent contradictions, so the short - term price is expected to remain stable [3] Date Market News and Important Data - Futures: The closing price of the Date 2601 contract yesterday was 11340 yuan/ton, a change of - 170 yuan/ton or - 1.48% from the previous day. - Spot: The price of first - grade gray dates in Hebei was 9.60 yuan/kg, unchanged from the previous day. The spot basis of CJ01 was - 1740, a change of + 170 from the previous day. - Market Information: Gray dates in Xinjiang are entering the sugar - increasing stage. In Hebei Cuierzhuang Market, 2 trucks of dates arrived, and in Guangdong Ruyifang Market, 5 trucks of dates arrived. Merchants purchase according to demand [4] Market Analysis - Yesterday, the date futures price closed lower. The production of gray dates this year is expected to decline significantly. The overall purchasing enthusiasm in the downstream market is average. The 2024 production season had a large output and high inventory but poor quality. The new - season jujube trees have over - overdraft problems, and the new - season production is estimated to be between 56 - 620,000 tons. The sales area has a firm spot price but a declining trading volume and weak demand [5] Strategy - The strategy is neutral. If the production reduction cannot be falsified, the futures price may still rise in the short - term due to capital sentiment. However, due to the high inventory of old dates, attention should be paid to the final production of new dates. If the production reduction is less than expected, the date price may return to a weak trend [6]