Report Summary 1. Investment Rating - No investment rating for the industry is provided in the report [2] 2. Core View - The current jujube market is at a critical period of transition between old and new seasons. The main - producing areas' grey jujubes are in the sugar - increasing period. The physical inventory of 36 sample points in the distribution market decreased by 74 tons week - on - week, a 0.79% decline, and increased by 80.64% year - on - year. The arrival volume in the distribution market is small, downstream purchasing enthusiasm is general, and the double - festival stocking intensity is average with a weak overall trading atmosphere. It is recommended to take a short - term bearish view [2] 3. Summary by Directory Futures Market - The closing price of the futures main contract for jujube is 10,735 yuan/ton, the main contract position is 149,819 lots (a week - on - week increase of 2,097 lots), the net long position of the top 20 futures holders is - 5,655 lots (a week - on - week decrease of 2,038 lots), the number of warehouse receipts is 8,323 (a week - on - week decrease of 107), and the effective warehouse receipt forecast is 58 (unchanged) [2] Spot Market - The unified price of Kashgar jujubes is 6 yuan/kg, the wholesale price of first - grade grey jujubes in Hebei and Henan is 4.75 yuan/jin, the unified price of Alar jujubes is 5.2 yuan/kg, the unified price of Aksu jujubes is 4.8 yuan/kg, the price of special - grade jujubes in Henan is 10.5 yuan/kg, the price of special - grade jujubes in Hebei is 10.3 yuan/kg (a week - on - week decrease of 0.03 yuan/kg), the price of special - grade jujubes in Guangdong is 11.7 yuan/kg, and the price of first - grade jujubes in Guangdong is 10.6 yuan/kg, all unchanged except as noted [2] Upstream Market - The annual jujube output is 606.9 million tons (an increase of 318.7 million tons), and the planting area is 1.993 million hectares (a decrease of 41,000 hectares) [2] Industry Situation - The national jujube inventory is 9,247 tons (a week - on - week decrease of 74 tons), the monthly jujube export volume is 1,784,164 kg (an increase of 19,057 kg), and the cumulative monthly jujube export volume is 18,899,838 kg [2] Downstream Situation - The cumulative sales volume of jujubes of Hao Xiang Ni is 36,480.43 tons (a decrease of 2,981.06 tons), and the cumulative year - on - year jujube production is 1.47% (a decrease of 34.59 percentage points) [2] Industry News - The Hebei Cuierzhuang market received 6 trucks of jujubes, with reference prices of 10.50 yuan/kg for special - grade and 8.50 yuan/kg for second - grade, and there was little market trading. The Guangdong Ruyifang market received 5 trucks of jujubes, with spot prices fluctuating slightly, and customers purchased according to demand with an average daily trading volume of about 1 truck in the morning market [2]
瑞达期货红枣产业日报-20250922
Rui Da Qi Huo·2025-09-22 08:51