农产品日报：西部早富士交易收尾，红枣关注减产幅度-20250918

1. Report Industry Investment Rating - The investment rating for both the apple and red date industries is neutral [3][8] 2. Core Views of the Report - Apple: The new season's high - quality apple supply is expected to be low, and the current inventory level is low, providing price support. The price is expected to remain stable in the short - term. The new season's high - quality apple price may affect the sales of inventory apples [2][3] - Red Dates: The market is focused on the new season's production reduction and inventory. New season production is expected to decrease to 56 - 62 tons, but the old inventory is high. In the short - term, prices are expected to be more likely to rise than fall, but if the production reduction is less than expected, prices may decline due to high inventory [7][8] 3. Summary by Directory Apple Market News and Key Data - Futures: The closing price of the apple 2601 contract was 8272 yuan/ton, up 3 yuan/ton (+0.04%) from the previous day [1] - Spot: The price of 80 first - and second - grade late Fuji in Shandong Qixia was 3.80 yuan/jin, unchanged from the previous day; the price of 70 semi - commercial late Fuji in Shaanxi Luochuan was 4.80 yuan/jin, unchanged from the previous day [1] - Market Information: Western early Fuji trading is ending, and late Fuji bag - removing has just started in a few areas. In Shandong, the quality of Hongjiangjun apples is poor, and inventory apple sales are slightly slower [1] Market Analysis - The apple futures price rose slightly. The supply of high - quality apples is expected to be low, and the inventory is low, supporting the price. The consumption in the sales area is stable, and the profit of early - maturing Fuji for merchants is limited. The inventory apple destocking speed may increase this week [2] Strategy - Maintain a neutral view. The current low inventory provides price support, and the new season's high - quality apple price may affect inventory apple sales. Short - term prices are expected to remain stable [3] Red Dates Market News and Key Data - Futures: The closing price of the red date 2601 contract was 10815 yuan/ton, up 10 yuan/ton (+0.09%) from the previous day [4] - Spot: The price of first - grade grey dates in Hebei was 9.50 yuan/kg, unchanged from the previous day [4] - Market Information: Xinjiang grey dates are in the sugar - increasing stage. The arrival volume in Hebei and Guangdong markets is 7 trucks each, with limited transactions [5][6] Market Analysis - The red date futures price rose slightly. The market is concerned about the new season's production reduction and inventory. The old inventory is high, but the new season's production is expected to decrease. The price in the sales area has decreased, and the trading is light. In the short - term, prices are more likely to rise than fall [7] Strategy - Maintain a neutral view. The futures price may rise in the short - term due to capital sentiment, but if the production reduction is less than expected, prices may decline due to high inventory [8]