银河期货花生日报-20251015

Group 1: Report Overview - The report is a peanut daily report dated October 15, 2025, from the Commodity Research Institute's Agricultural Product R & D Report [1][2] Group 2: Data Summary Futures Market - PK604 closed at 8108, up 66 (0.81%), with a trading volume of 445 (-45.60%) and an open interest of 1,314 (10.14%) [2] - PK510 data is unavailable [2] - PK601 closed at 8062, up 52 (0.65%), with a trading volume of 124,355 (-26.10%) and an open interest of 186,194 (14.40%) [2] Spot Market and Basis - Spot prices in Henan Nanyang, Shandong Jining, and Shandong Linyi were 8800, 8400, and 8400 respectively, with no change [2] - Import prices for Sudanese rice were 8600 and Senegalese rice were 7800, with no change [2] - The basis for Henan Nanyang, Shandong Jining, and Shandong Linyi were 738, 338, and 338 respectively [2] Spreads - The PK01 - PK04 spread was -46, down 14 [2] Group 3: Market Analysis Peanut Prices - Peanut prices in Henan and Northeast China were stable. The expected short - term trend for peanut spot is relatively strong [4] - The price of some peanut oil mills' purchases before suspension was 7800 - 7900 yuan/ton, and the theoretical break - even price was 7940 yuan/ton [4] - Peanut oil and soybean oil prices were stable, with domestic first - class ordinary peanut oil at 14500 yuan/ton and small - pressed fragrant peanut oil at 16500 yuan/ton [4] By - products - Rizhao soybean meal was slightly weaker, at 2930 yuan/ton (up 10 yuan/ton from yesterday), and peanut meal was short - term weak due to a high unit protein price difference with soybean meal [7] Group 4: Core View - Supply is still low, and downstream demand is weak. In the short term, peanut prices will be relatively stable. The peanut futures market may experience short - term narrow - range fluctuations. The new - season peanut production is expected to be similar to last year, and the planting cost has decreased. The 01 contract of peanuts will still show a strong - side shock [9] Group 5: Trading Strategies Unilateral Trading - The 01 and 05 peanut contracts are in a low - level shock. Traders can take long positions on pullbacks with a light position [10] Spread Trading - Traders should wait and see for spread trading [11] Options Trading - Sell and hold the pk601 - P - 7600 option [12] Group 6: Related Charts - The report includes six charts showing data such as Shandong peanut spot prices, peanut oil prices, and contract spreads [14][21][24]