农产品日报：苹果好货稳中偏强，红枣期价窄幅震荡-20251015

Group 1: Investment Ratings - Apple strategy: Neutral to bullish [3] - Jujube strategy: Neutral [6] Group 2: Core Views - Apple: The apple futures price rose slightly yesterday. The supply in the western producing areas increased and the trading was active, with the price of high - quality goods remaining stable and firm. There was a price polarization in the market. The red apple listing was delayed due to weather, and the acquisition and storage time was compressed. The demand after the double festivals was weak. The price of high - quality goods is expected to remain stable and firm, and the price polarization will be obvious [2][3] - Jujube: The jujube futures price fluctuated narrowly yesterday. The new - season jujubes in Xinjiang are about to be harvested, and the garden - ordering process is advancing. The supply in the sales areas increased, and the spot price fluctuated slightly. The inventory pressure remains, and the supply - demand contradiction has not been substantially alleviated. The market has a relatively certain judgment on the production trend. If the production and quality are lower than expected, the upward trend may continue; otherwise, it will be in a narrow - range shock pattern [5][6] Group 3: Summary by Directory Apple Market News and Key Data - Futures: The closing price of the Apple 2601 contract yesterday was 8,664 yuan/ton, up 26 yuan/ton or 0.30% from the previous day. - Spot: The price of semi - commercial late Fuji apples above 70 in Luochuan, Shaanxi was 3.85 yuan/jin, unchanged from the previous day. The spot basis was AP01 + - 964, down 26 from the previous day. - Market information: The supply in the western producing areas increased, and the trading was active. The price of high - quality goods was stable and firm. In Shandong, there were few red apples, and merchants flowed out. The price of late Fuji apples in different regions varied, with a price polarization trend [1] Market Analysis - The apple futures price rose slightly yesterday. The supply in the western producing areas increased and the trading was active, while in Shandong, there were few red apples and merchants flowed out. The new - season late Fuji apples were affected by continuous rainy weather, with the red apple listing delayed. The acquisition and storage time within the year was compressed. The demand after the double festivals did not improve significantly. The price of high - quality goods was stable and firm, and merchants were cautious in acquisition but active in purchasing high - quality goods. The price polarization of the apple supply was obvious this week [2] Strategy - The strategy is neutral to bullish. The late Fuji apples are sporadically on the market. Affected by the weather, it is difficult to organize a large number of red apples. The acquisition period may be shortened. It is expected that the price of high - quality goods will remain stable and firm, with an obvious price polarization [3] Jujube Market News and Key Data - Futures: The closing price of the Jujube 2601 contract yesterday was 11,110 yuan/ton, down 20 yuan/ton or 0.18% from the previous day. - Spot: The price of first - grade grey jujubes in Hebei was 9.50 yuan/kg, unchanged from the previous day. The spot basis was CJ01 - 1610, up 20 from the previous day. - Market information: The new - season jujubes in Xinjiang are about to be harvested, and the garden - ordering process is advancing. The arrival of goods in the Hebei and Guangdong markets and the trading volume are also reported [4] Market Analysis - The jujube futures price fluctuated narrowly yesterday. The new - season jujubes in Xinjiang are about to be harvested, and the garden - ordering process is advancing. The supply in the sales areas increased, and the spot price fluctuated slightly. The inventory pressure remains, and the supply - demand contradiction has not been substantially alleviated. The market has a relatively certain judgment on the production trend [5] Strategy - The strategy is neutral. If the production and quality are lower than expected, the upward trend of jujube futures may continue; otherwise, it will be in a narrow - range shock pattern. Attention should be paid to consumption, new - season quality, and production changes [6]