瑞达期货红枣产业日报-20251208

Report Summary 1. Report Industry Investment Rating - Not provided in the report 2. Core View of the Report - The acquisition of grey jujubes in Xinjiang's main production areas is nearing completion, with an overall progress of about 90%. As of December 4, 2025, the physical inventory of 36 sample points of jujubes this week was 13,910 tons, an increase of 3,062 tons from last week, a month-on-month increase of 28.23% and a year-on-year increase of 135.16%. The inventory at sample points has increased. This week, the acquisition progress of jujubes in the Third Agricultural Division of Xinjiang and Maigaiti area has accelerated, with high procurement enthusiasm from enterprises and merchants, and a significant increase in the number of signed orders. The product prices in the sales areas have also stabilized. With the increase in downstream procurement, some holders have tentatively adjusted their quotes slightly. In the short term, prices will mainly operate at a low level. Attention should be paid to the actual sales situation. If the actual demand improves, the probability of price rebound will increase [2] 3. Summary by Relevant Catalogs Futures Market - The closing price of the main futures contract for jujubes was 9,180 yuan/ton, and the position of the main contract was 70,812 lots, a decrease of 8,380 lots compared to the previous period. The net long position of the top 20 futures holders was -3,675 lots, and the number of warehouse receipts was 701, an increase of 42. The total effective warehouse receipt forecast for jujubes was 781 [2] 现货市场 - The prices of jujube products in different regions remained stable. For example, the wholesale price of first-class grey jujubes in Hebei was 4.25 yuan/jin, and in Henan it was 4.3 yuan/jin. The prices of special-grade jujubes in different regions were also stable, such as 9.8 yuan/kg in Henan, 9.74 yuan/kg in Hebei, and 10.8 yuan/kg in Guangdong [2] Upstream Market - The annual jujube output was 318.7 million tons, and the planting area was 1.993 million hectares, a decrease of 41,000 hectares [2] Industry Situation - The national jujube inventory this week was 13,910 tons, an increase of 3,062 tons. The monthly jujube export volume was 2,205,220 kilograms, a decrease of 78,451 kilograms. The cumulative monthly jujube export volume was 25,753,622 kilograms [2] Downstream Situation - The cumulative quarterly sales volume of jujubes by Hao Xiang Ni was 36,480.43 tons, and the cumulative quarterly year-on-year production increase was 1.47%, a decrease of 34.59 percentage points [2] Industry News - The acquisition of grey jujubes in Xinjiang's production areas is in the final stage. Only some sellers with average quality and those holding out for higher prices remain. The mainstream prices for general jujubes in different regions are as follows: Aksu 4.80 - 5.20 yuan/kg, Alar 5.00 - 6.00 yuan/kg, Kashgar 6.00 - 6.50 yuan/kg, and Maigaiti 6.00 - 6.30 yuan/kg. The acquisition in Ruoqiang, Hotan, and Qiemo has ended, and raw material acquisition in the production areas follows the principle of high quality at a high price [2]