天富期货鸡蛋大跌，棉花续升

1. Report Industry Investment Rating - No information provided 2. Core View of the Report - The egg near - month contract has fallen sharply, the cotton has continued to rise, and the palm oil has continued to rise. The soybean meal has oscillated and adjusted, the peanut has adjusted at a high level, the pig has fluctuated weakly, the jujube has run weakly at a low level, the sugar has rebounded after a decline, and the apple has run strongly [1] 3. Summary by Variety Eggs - The egg主力 2601 contract has fallen sharply due to high production capacity. The egg - laying hen inventory is high, with about 1.352 billion in - production egg - laying hens in November. The futures price has fallen after a high - level rebound. The strategy is to close long positions and go short lightly on rallies, with a resistance level of 3220 for the egg 2601 contract [2] Cotton - The cotton主力 2601 contract has continued to rise supported by strong demand. As of November 27, the national new cotton delivery rate is 98.5% (up 1 percentage point year - on - year), and the sales rate is 33.2% (up 18.9 percentage points year - on - year). The strategy is to go long on dips [3] Soybean Meal - The soybean meal主力 2601 contract has oscillated and declined slightly. High inventory restricts the rebound space, but rising import costs support the price. The strategy is short - term trading [5] Peanuts - The peanut主力 2601 contract has adjusted at a high level for technical correction. High - quality peanuts in the Northeast and low farmer selling sentiment support the price. The strategy is to hold long positions [8] Pigs - The pig主力 2601 contract has fluctuated weakly. High inventory and large planned slaughter in November lead to abundant supply. The strategy is short - term trading [9][11] Palm Oil - The Dalian palm oil主力 2601 contract has continued to rise. Floods in Southeast Asia and the seasonal production - reduction season support the price. The strategy is to go long lightly [12] Jujubes - The jujube主力 2601 contract has run weakly at a low level. The supply is abundant with high inventory. The strategy is short - term trading [14] Sugar - The Zhengzhou sugar主力 2601 contract has rebounded after a decline. Increased supply from new sugar mills is offset by high production costs and expected better consumption. The strategy is short - term long - biased trading [16] Apples - The apple主力 2601 contract has run strongly. Low inventory and expected better demand during holidays support the price. The strategy is to hold long positions [20]