瑞达期货红枣产业日报-20251029

Report Overview - The report is a daily report on the jujube industry dated October 29, 2025 [1] Industry Investment Rating - Not provided Core Viewpoints - The supply - side pressure in the jujube market will gradually emerge, and the probability of jujube prices continuing to decline increases. Attention should be paid to the mainstream purchase price and quality of new jujubes [2] Summary by Directory Futures Market - The closing price of the jujube futures main contract is 10,495 yuan/ton, with a ring - growth of 80 yuan/ton. The main contract's open interest is 184,472 lots, a decrease of 1,088 lots. The net long position of the top 20 futures holders is - 7,079 lots, an increase of 2,397 lots. The number of warehouse receipts is 0, and the total valid warehouse receipt forecast is 0 [2] Spot Market - The prices of jujube in different regions are as follows: the price of Kashgar jujube bulk goods is 7.5 yuan/kg; the wholesale price of Hebei first - grade gray jujube is 4.8 yuan/jin; the price of Alar jujube bulk goods is 7.15 yuan/kg; the wholesale price of Henan first - grade gray jujube is 4.75 yuan/jin; the price of Aksu jujube bulk goods is 6.75 yuan/kg; the price of Henan special - grade jujube is 10.5 yuan/kg; the price of Hebei special - grade jujube is 10.48 yuan/kg, a decrease of 0.07 yuan/kg; the price of Guangdong special - grade jujube is 11.6 yuan/kg; the price of Guangdong first - grade jujube is 10.6 yuan/kg [2] Upstream Market - The annual jujube output is 6.069 million tons, an increase of 3.187 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 9,103 tons, an increase of 94 tons compared to last week, a month - on - month decrease of 1.04%, and a year - on - year increase of 109.22%. The monthly jujube export volume is 2,283,671 kg, a decrease of 81,222 kg. The cumulative monthly jujube export volume is 23,548,402 kg, an increase of 2,283,671 kg [2] Downstream Situation - The cumulative sales volume of Hao Xiang Ni's jujubes is 36,480.43 tons, and the cumulative year - on - year production growth rate is 1.47%. The cumulative sales volume of Hao Xiang Ni's jujubes decreased by 2,981.06 tons, and the cumulative year - on - year sales growth rate decreased by 34.59% [2] Industry News - The mainstream prices of jujube bulk goods in different regions are: 6.50 - 7.00 yuan/kg in Aksu, 6.80 - 7.50 yuan/kg in Alar, some guaranteed prices in Kashgar are 7.50 yuan/kg, 8.50 - 10.00 yuan/kg in Ruoqiang, 8.00 - 8.50 yuan/kg in Hotan, and 7.50 - 8.50 yuan/kg in Qiemo. The procurement in Hotan and Qiemo is almost finished, and the raw material procurement in the production area is based on quality, following the principle of high - quality products at high prices [2] Viewpoint Summary - As of October 23, 2025, the physical inventory of 36 sample points of jujubes this week is 9,103 tons, an increase of 94 tons compared to last week, a month - on - month decrease of 1.04%, and a year - on - year increase of 109.22%. The new - season jujubes have not been concentratedly picked, but inland jujube merchants have gone to the production areas to purchase goods. Some merchants are actively ordering new - season raw materials, while some are purchasing old jujubes [2]