农产品日报：栖霞晚富士扎点收购，崔尔庄红枣陈货更受青睐-20251104

Report Industry Investment Rating - Apple: Neutral to bullish [4] - Red dates: Neutral [8] Core Viewpoints - Apple: The new - season Fuji apple's storage work has started. Due to continuous rainfall, the storage volume is expected to be lower than last year. The market shows a "two - tiered" pattern, with high - quality goods prices remaining stable and firm in the short term, and the storage volume and structure being key factors for future market trends [3][4] - Red dates: As red dates are about to be harvested, the futures prices have dropped significantly, increasing market competition. Attention should be paid to changes in purchase prices and actual yields [8] Summary by Sections Apple Market News and Important Data - Futures: The closing price of the apple 2601 contract yesterday was 9104 yuan/ton, a change of - 134 yuan/ton or - 1.45% from the previous day. - Spot: The price of Shandong Qixia 80 first - and second - grade late Fuji was 3.75 yuan/jin, unchanged from the previous day; the price of Shaanxi Luochuan 70 and above semi - commercial late Fuji was 4.15 yuan/jin, also unchanged. The spot basis AP01 - 1604 for Qixia and AP01 - 804 for Luochuan both changed + 134 from the previous day [1] Recent Market Information - The storage work in late Fuji producing areas continues. In Shandong, the ground transactions are increasing, with high - quality goods prices remaining stable and firm. In Shaanxi, the storage work is gradually starting, and in Gansu, it is almost finished. The prices vary by quality, and the market is expected to remain "two - tiered" in the short term. The storage progress has slightly accelerated [2] Market Analysis - The apple futures price fluctuated and declined yesterday. The ground transactions are entering the later stage, with a "two - tiered" market pattern. High - quality goods prices are expected to remain stable and firm. The storage work in the west is slow, while in Shandong, it is concentrated after the Frost's Descent and also slow [3] Strategy - Neutral to bullish. Due to continuous rainfall, the expected storage volume in November is lower than last year [4] Red Dates Market News and Important Data - Futures: The closing price of the red date 2601 contract yesterday was 10280 yuan/ton, a change of + 135 yuan/ton or + 1.33% from the previous day. - Spot: The price of first - grade grey dates in Hebei was 9.40 yuan/kg, unchanged from the previous day. The spot basis CJ01 - 880 changed - 135 from the previous day [5] Recent Market Information - In Xinjiang, the purchase progress varies by region. Some areas have basically completed the purchase, while others are still in progress. The purchase price is based on quality. In the Hebei market, the price has slightly decreased, and the market mainly trades old goods. In the Guangdong market, the price is stable [6] Market Analysis - The red date futures price rose significantly yesterday. The purchase in Xinjiang is at a critical stage. The downstream market has weak demand, and the purchase enthusiasm of merchants in Xinjiang has decreased. The price in the Hebei market has slightly declined [7] Strategy - Neutral. With red dates about to be harvested, the futures price has dropped significantly, and attention should be paid to purchase price changes and actual yields [8]