Report Summary 1. Report Industry Investment Rating No investment rating is provided in the report. 2. Report's Core View The Xinjiang grey jujube main - producing area has temperatures between 15°C - 31°C, and the jujube trees are in the sugar - increasing period. There may be light rain in mid - to late September. The weekly physical inventory of 36 sample points as of September 11, 2025, decreased by 89 tons week - on - week (0.95%) and increased by 78.32% year - on - year. The arrival volume in the sales areas is low, downstream purchasing enthusiasm is average, and the overall trading atmosphere is light. The contradiction between supply and demand has not been effectively alleviated, and the market is still seeking a direction in a dynamic balance. It is recommended to wait and see in the short term [2]. 3. Summary by Relevant Catalogs 3.1 Futures Market - The closing price of the main futures contract for jujube is 10,865 yuan/ton, down 290 yuan; the main contract's open interest is 141,102 lots, up 7,784 lots [2]. - The net long position of the top 20 futures holders is - 5,247 lots, down 270 lots; the number of warehouse receipts is 9,126, down 62; the total valid warehouse receipt forecast is 93, unchanged [2]. 3.2现货市场 - The prices of jujube in various regions are mostly stable, with the exception of the Hebei jujube special - grade price, which decreased by 0.09 yuan/kg to 10.4 yuan/kg [2]. 3.3 Upstream Market - The annual jujube output is 606.9 million tons, an increase of 318.7 million tons; the planting area is 1.993 million hectares, a decrease of 41,000 hectares [2]. 3.4 Industry Situation - The national jujube inventory is 9,321 tons, down 89 tons week - on - week; the monthly jujube export volume is 1,784,164 kg, an increase of 19,057 kg; the cumulative monthly jujube export volume is 18,899,838 kg, an increase of 1,784,164 kg [2]. 3.5 Downstream Situation - The cumulative quarterly sales volume of jujube by Hao Xiang Ni is 36,480.43 tons, a decrease of 2,981.06 tons; the cumulative year - on - year jujube production growth rate is 1.47%, a decrease of 34.59 percentage points [2]. 3.6 Industry News - The Hebei Cuierzhuang market received 3 trucks of jujube, with reference prices of 10.60 yuan/kg for special - grade and 9.80 yuan/kg for first - grade, and downstream buyers purchased as needed [2]. - The Guangdong Ruyifang market received 5 trucks of jujube, with stable spot prices and average trading volume as merchants purchased as needed [2].
瑞达期货红枣产业日报-20250915
Rui Da Qi Huo·2025-09-15 11:02