银河期货花生日报-20250916

Group 1: Report Investment Rating - No relevant information provided Group 2: Core View - The short - term peanut prices are expected to be relatively stable due to less supply and weak downstream demand, and the new - season peanut output is expected to increase with lower planting costs. 11 - contract peanuts are in a bottom - range oscillation. The report suggests waiting for stabilization before considering long positions in 05 - contract peanuts [5][10] Group 3: Summary by Directory First Part: Data - Futures Disk: PK604 closed at 7866 with a 0.33% increase, trading volume decreased by 64.00%, and open interest decreased by 0.46%; PK510 closed at 7816 with a 0.20% increase, trading volume decreased by 22.44%, and open interest decreased by 16.95%; PK601 closed at 7820 with a 0.36% increase, trading volume increased by 94.40%, and open interest increased by 11.56% [3] - Spot and Basis: In the spot market, prices in Henan Nanyang, Shandong Jining, and Shandong Linyi were 9000, 8400, and 8400 respectively, with no change. The basis of Henan Nanyang was 1184, and that of Shandong Jining and Linyi was 584. Imported Sudanese rice was priced at 8500 with no change [3] - Spread: PK01 - PK04 spread was - 46 with a 2 increase; PK04 - PK10 spread was 50 with a 10 increase; PK10 - PK01 spread was - 4 with a 12 decrease [3] Second Part: Market Analysis - Peanut prices in Henan declined while those in the Northeast remained stable. Imported peanut prices were stable. Most peanut oil mills stopped purchasing today, and the prices of peanut oil and soybean oil were stable. By - product prices were also stable, but the unit - protein price difference between peanut meal and soybean meal was high, and peanut meal was expected to be weak in the short term [5][8] Third Part: Trading Strategy - Single - side: Wait and see for 11 - contract peanuts, and consider going long on 05 - contract peanuts after stabilization [11] - Monthly Spread: Wait and see [12] - Options: Hold the short position of pk511 - P - 7600 [13] Fourth Part: Related Attachments - The report provides six figures, including those on Shandong peanut spot prices, peanut oil mill profit, peanut oil prices, peanut spot - futures basis, and spreads between different peanut contracts [15][21][24]