HAOXIANGNI(SZ:002582) Rui Da Qi Huo·2025-10-20 09:46Group 1: Report Industry Investment Rating - No information provided Group 2: Report's Core View - The current jujube market is at a critical period of transition between the old and new seasons, with prices in the sales areas showing small fluctuations. The jujube in the main production areas has not been harvested on a large scale yet and is expected to start after the frost. Attention should be paid to the acquisition progress and price changes. The inventory in the sample points continues to decline. As the new season approaches, some merchants are actively selling their inventory to raise funds for the new - season acquisition. With the cooling weather, the downstream's enthusiasm for purchasing has increased, and the market trading atmosphere has improved. It is expected that the jujube market will fluctuate within a range in the future [2] Group 3: Summary by Relevant Catalogs Futures Market - The closing price of the main jujube futures contract is 11,385 yuan/ton, down 35 yuan; the main contract's open interest is 180,042 lots, up 7,595 lots. The net long position of the top 20 futures holders is - 8,723 lots, down 2,282 lots. The number of warehouse receipts is 0, and the effective warehouse receipt forecast is 0 [2] Spot Market - The prices of jujube in various regions are mostly stable. For example, the price of general - grade jujube in Kashgar is 6 yuan/kg, the wholesale price of first - grade grey jujube in Hebei is 4.75 yuan/jin, and the price of special - grade jujube in Hebei has increased by 0.11 yuan/kg to 10.69 yuan/kg [2] Upstream Market - The annual jujube output is 6.069 million tons, an increase of 3.187 million tons; the planting area is 1.993 million hectares, a decrease of 41,000 hectares [2] Industry Situation - The national jujube inventory is 9,009 tons, down 158 tons; the monthly jujube export volume is 2,364,893 kg, an increase of 580,729 kg; the cumulative monthly jujube export volume is 21,264,731 kg, an increase of 2,364,893 kg [2] Downstream Situation - The cumulative sales volume of jujube of Hao Xiang Ni is 36,480.43 tons, a decrease of 2,981.06 tons; the cumulative year - on - year jujube production growth rate is 1.47%, a decrease of 34.59 percentage points [2] Industry News - In Hebei's Cui'erzhuang market, 8 trucks of jujubes arrived, with reference prices for special - grade jujubes at 10.50 - 11.70 yuan/kg and small first - grade jujubes at 8.40 - 8.90 yuan/kg. The downstream purchased as needed, and the transactions were okay. In Guangdong's Ruyifang market, 6 trucks of jujubes arrived, with the supply continuing. The prices varied according to the quality, and the mainstream prices were temporarily stable [2]