果蔬品日报：苹果优果供给偏紧，红枣淡季去库缓慢-20260331

Report Industry Investment Rating - The investment strategy for both the apple and red date industries is neutral [3][6] Core Viewpoints - For apples, the core support for the futures price comes from the double logic of low inventory and scarcity of high - quality fruits. The spot market has a structural contradiction, with high - quality goods in short supply and ordinary goods having slow sales. The futures price may continue to fluctuate, and future attention should be paid to the weather during the new - season flowering period [2] - For red dates, the current market has a situation of strong supply and weak demand. The high inventory is being depleted slowly, and the spot price is stable but weak. The futures and spot prices will maintain a bottom - range oscillation, and future attention should be paid to the weather during the budding period in the producing areas and the inventory depletion progress [5] Market News and Important Data Apple - Futures: The closing price of the apple 2605 contract yesterday was 9,863 yuan/ton, a change of - 104 yuan/ton from the previous day, a decrease of 1.04% [1] - Spot: The price of Shandong Qixia 80 first - and second - grade late Fuji was 4.00 yuan/jin, unchanged from the previous day; the price of Shaanxi Luochuan 70 and above semi - commercial late Fuji was 4.35 yuan/jin, unchanged from the previous day [1] - Market situation: In the producing areas, merchants preferentially purchase high - quality goods, and the trading of ordinary goods is slow. In the sales areas, the number of incoming trucks has slightly increased, and the terminal sales are average [1] Red Date - Futures: The closing price of the red date 2605 contract yesterday was 8,775 yuan/ton, a change of - 95 yuan/ton from the previous day, a decrease of 1.07% [4] - Spot: The spot price of first - grade grey dates in Hebei was 7.90 yuan/kg, unchanged from the previous day [4] - Market situation: The 2025 production season's Xinjiang grey date purchase price ranges from 5.00 - 6.50 yuan/kg. In the producing areas, the temperature is normal, and farmers are actively managing the orchards. In the sales areas, the market transactions are average [4] Market Analysis Apple - The apple futures price oscillated and corrected yesterday, with the position volume decreasing and the process of position transfer accelerating. The spot market's Qingming Festival stocking demand was lower than expected, and the substitution effect of low - price fruits such as citrus affected the sales area's sales. The producing areas show a polarized pattern, and the structural contradiction is still prominent [2] Red Date - The red date futures price continued to oscillate weakly yesterday, under pressure. The current market has a situation of strong supply and weak demand. The high inventory is being depleted slowly, and the rising temperature further restricts the consumption of dates [5] Strategy - The strategy for both apples and red dates is neutral [3][6]