瑞达期货红枣产业日报-20260316

Report Summary 1. Report Investment Rating No investment rating is provided in the report. 2. Core View Short - term jujube prices have an increasing upward driving force. The inventory of jujubes decreased slightly this week, downstream customers mostly purchase on - demand, and some enterprises have procurement needs for orders and premium finished products. The overall market trading atmosphere is stable, but influenced by other commodity linkages and good quality [2]. 3. Summary by Directory a. Futures Market - The closing price of the main futures contract for jujubes is 9070 yuan/ton; the main contract position for jujubes is 132,568 hands, a decrease of 1548 hands [2]. - The net long position of the top 20 futures holders for jujubes is - 1858 hands; the number of jujube warehouse receipts is - 21,876; the effective warehouse receipt forecast for jujubes is 259, an increase of 211 [2]. b. Spot Market - The prices of jujube bulk goods in Kashgar, Alar, and Aksu are 6.5, 5.65, and 5.15 yuan/kg respectively. The wholesale prices of first - grade grey jujubes in Hebei and Henan are 3.95 and 4.15 yuan/jin respectively. The prices of premium jujubes in Henan, Hebei, and Guangdong are 9.5, 9.21, and 10 yuan/kg respectively, and the price of first - grade jujubes in Guangdong is 8.8 yuan/kg [2]. c. Upstream Market - The annual jujube output is 318.7 million tons, and the jujube planting area is 199.3 million hectares, a decrease of 4.1 million hectares [2]. d. Industry Situation - The national jujube inventory this week is 11,700 tons, a decrease of 117 tons compared to last week, a 0.99% decrease month - on - month and a 7.39% increase year - on - year. The monthly jujube export volume is 5,071,577 kg, an increase of 1,534,011 kg; the cumulative monthly jujube export volume is 34,362,765 kg [2]. e. Downstream Situation - The cumulative quarterly sales volume of jujubes of Hao Xiang Ni is 36,480.43 tons, a decrease of 2981.06 tons; the cumulative year - on - year jujube production of Hao Xiang Ni is 1.47%, a decrease of 34.59% [2]. - The average daily number of jujube trucks arriving at Ruyifang Market this week is 2.88, a decrease of 0.25; the monthly average wholesale price of jujubes is 11.23 yuan/kg, an increase of 0.47 yuan/kg [2]. f. Industry News - In Hebei Cuierzhuang Market, more than ten trucks of jujubes arrived, including finished products and sub - standard products. The price of premium old jujubes is 8.20 yuan/kg, with a slight price decline. Downstream merchants select suitable goods and purchase on - demand [2]. - In Guangdong Ruyifang Market, 6 trucks of jujubes arrived, the price is stable, merchants purchase according to demand, and the morning trading volume is average [2]. - The weather in Xinjiang production areas will cool down. Since the accumulated temperature in the main production areas has been generally higher than the same period in recent years since winter, jujube trees may germinate earlier. Attention should be paid to the production area weather [2].