瑞达期货红枣产业日报-20251211

Report Summary 1. Report Industry Investment Rating - Not provided in the content 2. Core View - The acquisition of grey jujubes in the Xinjiang main production area is nearing completion, with an overall progress of about 90%. As of December 4, 2025, the physical inventory of 36 sample points was 13,910 tons, a week - on - week increase of 3062 tons (28.23%) and a year - on - year increase of 135.16%. The acquisition progress in the Xinjiang Third Agricultural Division and Markit area accelerated this week, with high procurement enthusiasm from enterprises and merchants, and a significant increase in order signing. The product prices in the sales area are stabilizing. As downstream procurement increases, some holders are tentatively raising prices slightly. The short - term price center is starting to rise. Pay attention to the improvement of demand. If the actual demand improves, the probability of price rebound increases [2] 3. Summary by Relevant Catalogs Futures Market - The closing price of the main futures contract of jujubes was 9170 yuan/ton, a decrease of 120 yuan; the main contract position was 110,902 lots, an increase of 5245 lots. The net long position of the top 20 futures holders was - 14,644 lots, an increase of 1416 lots. The number of warehouse receipts was 851, an increase of 1; the total effective warehouse receipt forecast was 636, a decrease of 6 [2] Spot Market - The unified price of Kashgar jujubes was 6.5 yuan/kg, unchanged; the wholesale price of first - grade grey jujubes in Hebei was 4.4 yuan/jin, unchanged; the unified price of Alar jujubes was 5.65 yuan/kg, unchanged; the wholesale price of first - grade grey jujubes in Henan was 4.45 yuan/jin, unchanged; the unified price of Aksu jujubes was 5.15 yuan/kg, unchanged; the price of special - grade jujubes in Henan was 9.9 yuan/kg, unchanged; the price of special - grade jujubes in Hebei was 9.79 yuan/kg, a decrease of 0.05 yuan; the price of special - grade jujubes in Guangdong was 10.6 yuan/kg, a decrease of 0.2 yuan; the price of first - grade jujubes in Guangdong was 9.5 yuan/kg, a decrease of 0.1 yuan [2] Upstream Market - The annual jujube output was 6069,000 tons, an increase of 3187,000 tons; the planting area was 1.993 million hectares, a decrease of 41,000 hectares [2] Industry Situation - The national jujube inventory was 13,910 tons, an increase of 3062 tons; the monthly jujube export volume was 2,205,220 kg, a decrease of 78,451 kg; the cumulative monthly jujube export volume was 25,753,622 kg, an increase of 2,205,220 kg [2] Downstream Situation - The cumulative quarterly jujube sales volume of Hao Xiang Ni was 36,480.43 tons, a decrease of 2981.06 tons; the cumulative year - on - year increase in jujube production of Hao Xiang Ni was 1.47%, a decrease of 34.59 percentage points [2] Industry News - The acquisition of grey jujubes in the Xinjiang production area is almost finished, with little remaining supply in each area and a tail - end price increase for high - quality products. The mainstream price of general goods in Aksu is 5.00 - 5.30 yuan/kg, in Alar is 5.50 - 5.80 yuan/kg, in Kashgar is 6.20 - 6.80 yuan/kg, and in Markit is 6.00 - 6.30 yuan/kg. Some sellers are reluctant to lower prices due to limited supply [2]