瑞达期货红枣产业日报-20260303

1. Report Industry Investment Rating - No information provided 2. Core View - After the Spring Festival, the market is in a recovery stage. The resumption rhythm of the upstream and downstream of the industrial chain is inconsistent, resulting in a slowdown in the overall spot circulation speed. Due to the incomplete start of terminal demand, downstream users are cautious about restocking, mostly maintaining rigid demand inquiries or digesting existing inventories, and there is no sign of concentrated purchasing in the market. However, supported by the Spring Festival consumption peak season, there is a restocking demand after the festival. Considering that processing factories have not started production on a large scale, the market as a whole is stable, and there may be short - term fluctuations in jujube prices. Attention should be paid to the later restocking intensity [2] 3. Summary by Relevant Catalogs 3.1 Futures Market - The closing price of the main futures contract for jujube is 8,895 yuan/ton, with a week - on - week increase of 55 yuan/ton; the main contract position is 114,141 lots, with a week - on - week decrease of 1,879 lots; the net long position of the top 20 futures positions is - 19,399 lots, with a week - on - week decrease of 2,536 lots; the number of warehouse receipts is 3,869 lots; the total effective warehouse receipt forecast is 245 lots, with a week - on - week increase of 162 lots [2] 3.2 Spot Market - The prices of jujube in various regions are mostly stable. For example, the unified price of Kashgar jujube is 6.5 yuan/kg, the wholesale price of first - grade grey jujube in Hebei is 3.95 yuan/jin, and the price of Hebei jujube special grade is 9.19 yuan/kg, with a week - on - week decrease of 0.01 yuan/kg [2] 3.3 Upstream Market - The annual jujube output is 6.069 million tons, with an increase of 3.187 million tons; the jujube planting area is 1.993 million hectares, with a decrease of 41,000 hectares [2] 3.4 Industry Situation - The national jujube inventory is 11,852 tons, with a week - on - week decrease of 1 ton; the monthly jujube export volume is 5,071,577 kg, with an increase of 1,534,011 kg; the cumulative monthly jujube export volume is 34,362,765 kg, with an increase of 5,071,577 kg [2] 3.5 Downstream Situation - The cumulative sales volume of jujubes of Hao Xiang Ni is 36,480.43 tons, with a decrease of 2,981.06 tons; the cumulative year - on - year jujube production of Hao Xiang Ni is 1.47%, with a decrease of 34.59 percentage points; the average daily arrival of jujubes at Ruyifang Market is 4.62 vehicles; the monthly average wholesale price of jujubes is 11.23 yuan/kg, with an increase of 0.47 yuan/kg [2] 3.6 Industry News - The price in Hebei Cuierzhuang Market is stable. Affected by the snowfall, the market stalls are blocked, there is no arrival in the parking area, and the downstream replenishes goods on demand with light transactions. In Guangdong Ruyifang Market, 2 vehicles of jujubes arrive, the price is mainly stable, merchants purchase according to demand, and the market transactions are average [2]