1. Report Industry Investment Rating - No relevant content provided 2. Core Viewpoints - The pre - holiday spot price of red dates is expected to remain stable. The overall sales situation before the Spring Festival is not significantly different from the same period last year. Due to the scattered acquisition structure in the 2025 production season and the industry's cautious expectation for the new season after the holiday, risk control should be noted as the long holiday approaches [2] 3. Summary by Directory 3.1 Futures Market - The closing price of the futures main contract for red dates is 8895 yuan/ton, with a change of 225. The main contract's open interest is 113589 lots, a decrease of 9585 lots. The net long position of the top 20 futures holders is - 15001 lots, an increase of 5210 lots. The number of warehouse receipts is 3673, and the effective warehouse receipt forecast is 445, a decrease of 127 [2] 3.2 Spot Market - The general cargo price of red dates in Kashi is 6.5 yuan/kg, unchanged; the wholesale price of first - grade grey dates in Hebei is 3.95 yuan/jin, a decrease of 0.15 yuan/jin; the general cargo price of red dates in Alar is 5.65 yuan/kg, unchanged; the wholesale price of first - grade grey dates in Henan is 4.15 yuan/jin, unchanged; the price of special - grade red dates in Henan is 9.5 yuan/kg, an increase of 0.06 yuan/kg; the price of special - grade red dates in Hebei is 9.17 yuan/kg, a decrease of 0.03 yuan/kg; the price of special - grade red dates in Guangdong is 10 yuan/kg, unchanged; the price of first - grade red dates in Guangdong is 8.8 yuan/kg, unchanged [2] 3.3 Upstream Market - The annual output of red dates is 606.9 tons, an increase of 318.7 tons. The planting area is 199.3 hectares, a decrease of 4.1 hectares [2] 3.4 Industry Situation - The national red date inventory is 11888 tons, a decrease of 1255 tons compared with last week, a 9.55% decrease month - on - month and a 12.84% increase year - on - year. The monthly export volume of red dates is 5071577 kg, an increase of 1534011 kg. The cumulative export volume is 34362765 kg, an increase of 5071577 kg [2] 3.5 Downstream Situation - The cumulative sales volume of red dates of Hao Xiang Ni is 36480.43 tons, a decrease of 2981.06 tons. The cumulative year - on - year production is 1.47%, a decrease of 34.59%. The average daily arrival of red dates at Ruyifang Market is 5.13 vehicles, a decrease of 1 vehicle. The monthly average wholesale price of red dates is 10.76 yuan/kg, an increase of 0.43 yuan/kg [2] 3.6 Industry News - Logistics has stopped before the Spring Festival, and the spot price of red dates is expected to remain stable. The pre - holiday stocking is coming to an end. As of February 5, 2026, the inventory of 36 sample physical warehouses decreased compared with last week [2]

1. Report Industry Investment Rating - No relevant content provided 2. Core View of the Report - The physical inventory of 36 sample points of red dates as of January 29, 2026, was 13,143 tons, a decrease of 925 tons from the previous week, a 6.58% month - on - month decrease and a 23.99% year - on - year increase. The sample point inventory decreased month - on - month. The current sales speed is slower than the same period last year, and the pre - holiday shipment volume is expected to account for 40% - 50% of the total domestic procurement volume, with limited subsequent incremental space [2] 3. Summary According to Relevant Catalogs 3.1 Futures Market - The closing price of the futures main contract of red dates was 8,760 yuan/ton, a decrease of 145 yuan; the main contract position was 118,726 lots, a decrease of 949 lots; the net long position of the top 20 futures positions was - 21,729 lots, a decrease of 2,525 lots; the number of warehouse receipts was 3,350, unchanged; the effective warehouse receipt forecast was 675, an increase of 196 [2] 3.2 Spot Market - The prices of red dates in various regions were generally stable. For example, the unified price of red dates in Kashi was 6.5 yuan/kg, the first - grade grey jujube wholesale price in Hebei was 4.1 yuan/jin, and the special - grade red date price in Guangdong was 10 yuan/kg [2] 3.3 Upstream Market - The annual output of red dates was 606.9 tons, an increase of 318.7 tons; the planting area was 199.3 hectares, a decrease of 4.1 hectares [2] 3.4 Industry Situation - The national red date inventory was 13,143 tons, a decrease of 925 tons; the monthly export volume was 5,071,577 kg, an increase of 1,534,011 kg; the cumulative export volume was 34,362,765 kg, an increase of 5,071,577 kg [2] 3.5 Downstream Situation - The cumulative sales volume of red dates of Hao Xiangni was 36,480.43 tons, a decrease of 2,981.06 tons; the cumulative year - on - year output growth rate was 1.47%, a decrease of 34.59 percentage points; the average daily arrival volume of red dates in Ruyifang Market was 6.13 vehicles, an increase of 0.5 vehicles; the monthly average wholesale price of red dates was 10.76 yuan/kg, an increase of 0.43 yuan [2] 3.6 Industry News - In Hebei Cuierzhuang Market, there was a small amount of goods arriving at the parking area. Downstream buyers purchased as needed. With limited pre - holiday stocking time, small and medium - sized enterprises actively sold self - purchased goods. Small and medium - sized enterprises had little pressure on surplus goods, while large - scale enterprises had a slightly slower sales progress, and the pre - holiday stocking was in the final stage. In Guangdong Ruyifang Market, 6 vehicles of red dates arrived, and the price remained stable. Downstream buyers took goods as needed, and the market would be on holiday from the 25th of the twelfth lunar month to the eighth day of the first lunar month [2]

Report Summary 1. Report Industry Investment Rating - Not provided in the given content 2. Core View - The industry is generally cautious about the new - season market after the Spring Festival, so inventory holders tend to actively sell goods to reduce inventory pressure. As of January 29, 2026, the physical inventory of 36 sample points of red dates this week was 13,143 tons, a decrease of 925 tons from last week, a 6.58% month - on - month decrease and a 23.99% year - on - year increase. The sample point inventory decreased month - on - month. The current sales speed is slower than that of the same period last year, and it is expected that the pre - holiday sales volume will account for 40% - 50% of the total inland procurement volume, with limited subsequent growth space [2] 3. Summary by Directory 3.1 Futures Market - The closing price of the main futures contract of red dates was 8,920 yuan/ton, the main contract position was 120,464 lots (a decrease of 1,130 lots), the net buying volume of the top 20 futures positions was - 737 lots, the number of warehouse receipts was 3,317, and the effective warehouse receipt forecast was 519 [2] 3.2 Spot Market - The prices of red dates in various regions are as follows: the price of Kashgar red date bulk goods is 6.5 yuan/kg, the wholesale price of first - class grey dates in Hebei is 4.1 yuan/jin, the price of Alar red date bulk goods is 5.65 yuan/kg, the wholesale price of first - class grey dates in Henan is 4.15 yuan/jin, the price of Aksu red date bulk goods is 5.15 yuan/kg, the price of special - grade red dates in Henan is 9.44 yuan/kg, the price of special - grade red dates in Hebei is 9.27 yuan/kg, the price of special - grade red dates in Guangdong is 10 yuan/kg, and the price of first - class red dates in Guangdong is 8.8 yuan/kg [2] 3.3 Upstream Market - The annual output of red dates is 3.187 million tons, and the planting area is 1.993 million hectares (a decrease of 4.1 hectares) [2] 3.4 Industry Situation - The national red date inventory this week is 13,143 tons (a decrease of 925 tons), the monthly export volume of red dates is 5,071,577 kg (an increase of 1,534,011 kg), and the cumulative monthly export volume is 34,362,765 kg [2] 3.5 Downstream Situation - The cumulative sales volume of red dates of Hao Xiang Ni in a quarter is 36,480.43 tons (a decrease of 2,981.06 tons), the cumulative year - on - year output growth rate is 1.47% (a decrease of 34.59 percentage points), the average daily arrival volume of red dates in Ruyifang Market is 0.5 vehicles per week, and the monthly average wholesale price of red dates is 10.76 yuan/kg (an increase of 0.43 yuan/kg) [2] 3.6 Industry News - In Hebei Cuierzhuang Market, 5 vehicles of red dates arrived at the parking area, with the reference price of special - grade red dates at 8 yuan/kg and average quality. Downstream customers purchase as needed, and the pre - holiday stocking time is limited. Small and medium - sized enterprises actively sell self - purchased goods. In Guangdong Ruyifang Market, 7 vehicles of red dates arrived, the price remained stable, downstream customers purchased as needed, and the market was closed from the 25th of the twelfth lunar month to the eighth day of the first lunar month. The Spring Festival is the traditional consumption peak season for red dates, and entering the twelfth lunar month is the last stocking period before the Spring Festival [2]

Group 1: Investment Rating - No investment rating information is provided in the report Group 2: Core View - The acquisition of grey jujubes in Xinjiang production areas has ended. The raw material acquisition in the production areas is priced according to quality, adhering to the principle of high - quality products commanding high prices. The market focus has shifted to the consumer end. Traders commonly hoard raw materials in Xinjiang. As the twelfth lunar month approaches, the holiday stocking demand is expected to drive the market into a phased peak in sales. Currently, the spot price remains generally stable, and there may be short - term fluctuations in jujube prices [2] Group 3: Summary by Directory Futures Market - The closing price of the main jujube futures contract was 9,040 yuan/ton, a decrease of 90 yuan. The main contract's open interest was 122,345 lots, an increase of 1,227 lots - The net long position of the top 20 futures holders was - 20,619 lots, a decrease of 1,738 lots. The number of warehouse receipts was 3,211, an increase of 232 - The total valid warehouse receipt forecast was 411, a decrease of 93 [2] 现货市场 - The unified price of Kashgar jujubes was 6.5 yuan/kg, unchanged; the wholesale price of first - grade grey jujubes in Hebei was 4.1 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 4.15 yuan/jin, unchanged - The unified price of Aksu jujubes was 5.15 yuan/kg, unchanged; the price of special - grade jujubes in Henan was 9.47 yuan/kg, a decrease of 0.03 yuan - The price of special - grade jujubes in Hebei was 9.5 yuan/kg, unchanged; the price of special - grade jujubes in Guangdong was 10 yuan/kg, unchanged - The price of first - grade jujubes in Guangdong was 8.8 yuan/kg, unchanged [2] Upstream Market - The annual jujube output was 6.069 million tons, an increase of 3.187 million tons. The jujube planting area was 1.993 million hectares, a decrease of 41,000 hectares [2] Industry Situation - The national jujube inventory was 15,300 tons, a decrease of 349 tons. The monthly jujube export volume was 3,537,566 kg, an increase of 1,332,346 kg - The cumulative monthly jujube export volume was 29,291,188 kg, an increase of 3,537,566 kg [2] Downstream Situation - The cumulative quarterly sales volume of jujubes by Hao Xiang Ni was 36,480.43 tons, a decrease of 2,981.06 tons. The cumulative year - on - year jujube production growth rate was 1.47%, a decrease of 34.59 percentage points - The average daily number of incoming trucks at Ruyifang Market was 6.2, an increase of 0.8. The monthly average wholesale price of jujubes was 10.33 yuan/kg, an increase of 0.46 yuan - In Hebei Cuierzhuang Market, 5 trucks of jujubes arrived, including sub - standard and finished products. Local processing factories mainly processed and sold their own goods, and holders were actively selling [2] Industry News - Downstream merchants made purchases as needed. Some holders reported improved sales. In the Guangdong market, 8 trucks of jujubes arrived, the market was full, prices were stable, and market transactions were acceptable [2]

1. Report Industry Investment Rating No relevant information provided. 2. Core View of the Report - The follow - up market trend depends on the peak - season consumption performance. If terminal demand is released as expected, inventory clearance may speed up and support price stability; if consumption falls short of expectations, existing inventory pressure may intensify. With short - term supply being loose and demand showing no obvious improvement, the jujube price is expected to remain weak. [2] 3. Summary According to Relevant Catalogs 3.1 Futures Market - The closing price of the main futures contract for jujube is 8,890 yuan/ton, with a increase of 140 yuan. The main contract's open interest is 117,319 lots, a decrease of 11,950 lots. [2] - The net long position of the top 20 futures holders is - 12,784 lots, an increase of 1,373 lots. The number of warehouse receipts is 1,092, and the total valid warehouse receipt forecast is 675, a decrease of 394. [2] 3.2 Spot Market - The prices of jujube in various regions are mostly stable, with only the price of Hebei's top - grade jujube slightly decreasing by 0.03 yuan/kg to 9.53 yuan/kg. [2] 3.3 Upstream Market - The annual jujube output is 6.069 million tons, an increase of 3.187 million tons, and the planting area is 1.993 million hectares, a decrease of 41,000 hectares. [2] 3.4 Industry Situation - The national jujube inventory is 16,108 tons, an increase of 318 tons. The monthly export volume is 3,537,566 kg, an increase of 1,332,346 kg, and the cumulative monthly export volume is 29,291,188 kg, an increase of 3,537,566 kg. [2] 3.5 Downstream Situation - The cumulative quarterly sales volume of Hao Xiang Ni's jujube is 36,480.43 tons, a decrease of 2,981.06 tons, and the cumulative year - on - year production growth rate is 1.47%, a decrease of 34.59 percentage points. [2] - The average daily number of trucks arriving at the Ruyifang market is 5.13, a decrease of 0.25 trucks. The monthly average wholesale price of jujube is 10.33 yuan/kg, an increase of 0.46 yuan/kg. [2] 3.6 Industry News - In Hebei's Cui'erzhuang market, there is a small amount of goods arriving, and due to the weather, the number of purchasing customers is average. In the Guangdong Ruyifang market, 2 trucks of jujube arrive, and the price is stable. The Xinjiang procurement is almost over, with some merchants still looking for goods and storing them in dry warehouses in Xinjiang. [2]

Report Summary 1. Report Industry Investment Rating No investment rating is provided in the report. 2. Core Viewpoints - The acquisition of grey jujubes in the main production areas of Xinjiang 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% [2]. - This week, the acquisition progress of jujubes in the Third Agricultural Division of Xinjiang and Maigaiti area has accelerated. Enterprises and merchants from various places have high enthusiasm for procurement, and the order signing volume has increased significantly. The prices of products in the sales areas have also stabilized. With the increase in downstream procurement, some holders have tentatively adjusted their quotes slightly. The subsequent actual sales volume should be noted. In the short term, the price center has begun to rise. If the actual demand improves, the probability of price rebound will increase [2]. 3. Summary by Directory Futures Market - The closing price of the main futures contract for jujubes was 9,290 yuan/ton, with a week - on - week increase of 55 yuan/ton. The position of the main contract was 105,657 lots, with a week - on - week increase of 43,099 lots [2]. - The net long position of the top 20 futures holders was - 16,060 lots, with a week - on - week increase of 456 lots. The number of warehouse receipts was 850 sheets, with a week - on - week increase of 164 sheets. The total number of effective warehouse receipt forecasts was 642 sheets, with a week - on - week decrease of 164 sheets [2]. Spot Market - The prices of jujube bulk goods in Kashgar, Alar, and Aksu remained unchanged at 6.5 yuan/kg, 5.65 yuan/kg, and 5.15 yuan/kg respectively. The wholesale prices of first - grade grey jujubes in Hebei and Henan were 4.4 yuan/jin and 4.45 yuan/jin respectively, remaining unchanged [2]. - The prices of special - grade jujubes in Henan, Hebei, and Guangdong were 9.9 yuan/kg, 9.84 yuan/kg, and 10.8 yuan/kg respectively. The price of Hebei jujubes increased by 0.02 yuan/kg week - on - week, while the others remained unchanged. The price of first - grade jujubes in Guangdong was 9.6 yuan/kg, remaining unchanged [2]. Upstream Market - The annual jujube output was 6.069 million tons, with an increase of 3.187 million tons compared to the previous year. The planting area was 1.993 million hectares, with a decrease of 41,000 hectares compared to the previous year [2]. Industry Situation - The national jujube inventory was 13,910 tons, with an increase of 3,062 tons compared to the previous week. The monthly jujube export volume was 2,205,220 kg, with a decrease of 78,451 kg compared to the previous month. The cumulative monthly jujube export volume was 25,753,622 kg, with an increase of 2,205,220 kg [2]. Downstream Situation - The cumulative quarterly sales volume of jujubes of Hao Xiang Ni was 36,480.43 tons, with a decrease of 2,981.06 tons compared to the previous period. The cumulative year - on - year production growth rate of jujubes was 1.47%, with a decrease of 34.59 percentage points compared to the previous period [2]. Industry News - The trading in the Cui'erzhuang market in Hebei was mainly for new products. After the new - season harvest, the products were gradually sent back to the factory for processing. At the end of the acquisition in the production area, the procurement cost of merchants was clear, and the enthusiasm of downstream buyers increased, resulting in a stable and firm spot price. In the Ruyifang market in Guangdong, 2 trucks of goods arrived, the mainstream spot price was stable, and downstream merchants purchased according to demand [2].

1. Report Industry Investment Rating - No information provided on the report industry investment rating 2. Core View of the Report - The new - season red dates in Xinjiang's main production areas: the procurement in Hotan, Qiemo, and Ruoqiang areas has ended, and the procurement progress in other areas is about 80%. The prices in the production areas tend to operate weakly. The procurement of raw materials in the production areas is priced according to quality, adhering to the principle of high - quality products at high prices, and the enthusiasm of enterprises for procurement is average. As of November 28, 2025, the physical inventory of 36 sample points of red dates this week was 10,848 tons, an increase of 518 tons from last week, a month - on - month increase of 5.01% and a year - on - year increase of 90.32%, indicating an increase in sample - point inventory. Small and medium - sized merchants are the main procurement entities, and Cangzhou merchants are the main procurement force in the market currently. In the short term, the futures price of Zhengzhou red dates may remain weak. The follow - up needs to closely monitor the procurement progress of the remaining goods in each production area. [2] 3. Summary by Relevant Catalogs 3.1 Futures Market - The closing price of the main futures contract for red dates was 9,055 yuan/ton, a decrease of 55 yuan; the main contract's open interest was 91,023 lots, a decrease of 2,610 lots. The net long position of the top 20 futures holders was - 15,594 lots, a decrease of 1,672 lots. The number of warehouse receipts was 624, an increase of 108; the total valid warehouse receipt forecast was 820, a decrease of 108. [2] 3.2现货市场 - The prices of red dates in different regions: the unified - grade red date price in Kashi was 6.15 yuan/kg (unchanged); the first - grade grey date wholesale price in Hebei was 4.25 yuan/jin, a decrease of 0.05 yuan; the unified - grade red date price in Alar was 5.4 yuan/kg (unchanged); the first - grade grey date wholesale price in Henan was 4.3 yuan/jin, a decrease of 0.1 yuan; the unified - grade red date price in Aksu was 5 yuan/kg (unchanged); the special - grade red date price in Henan was 9.8 yuan/kg (unchanged); the special - grade red date price in Hebei was 9.75 yuan/kg, a decrease of 0.01 yuan; the special - grade red date price in Guangdong was 10.8 yuan/kg (unchanged); the first - grade red date price in Guangdong was 9.6 yuan/kg (unchanged). [2] 3.3 Upstream Market - The annual output of red dates was 6.069 million tons, an increase of 3.187 million tons; the planting area was 1.993 million hectares, a decrease of 41,000 hectares. [2] 3.4 Industry Situation - The national red date inventory this week was 10,848 tons, an increase of 518 tons. The monthly export volume of red dates was 2,205,220 kg, a decrease of 78,451 kg; the cumulative monthly export volume was 25,753,622 kg, an increase of 2,205,220 kg. [2] 3.5 Downstream Situation - The cumulative sales volume of red dates of Hao Xiang Ni in the quarter was 36,480.43 tons, a decrease of 2,981.06 tons; the cumulative year - on - year production growth rate was 1.47%, a decrease of 34.59 percentage points. [2] 3.6 Industry News - Currently, the procurement progress of grey dates in Xinjiang's production areas is about 80%. The procurement speed in the Third Division and Maigaiti areas has increased, and there are only some sellers with average - quality products and those insisting on high prices left in each production area. The mainstream price of general - grade dates in Aksu is 4.80 - 5.20 yuan/kg, in Alar is 5.00 - 5.80 yuan/kg, in Kashi's regimental farms is 6.00 - 6.50 yuan/kg, and in Maigaiti is 5.80 - 6.30 yuan/kg. [2]

Report Summary 1. Report's Investment Rating - No investment rating information is provided in the report. 2. Core Viewpoints - The price of the main contract of Zhengzhou jujube futures rose first and then fell this week, with a weekly increase of about 0.33%. In the short term, the futures price may remain weak [9][13]. - The acquisition of new - season jujubes in Xinjiang's main producing areas is in progress. The prices in the producing areas are trending weakly, and the inventory of 36 sample points has increased [9][42]. - The 2025/26 jujube production season is expected to see a decline in output, and the jujube export volume in October 2025 decreased both month - on - month and year - on - year [46][50]. 3. Summary by Directory 3.1 Week - on - Week Summary - Future trading tips include monitoring spot prices and the consumer side [9]. - The price of the main contract of Zhengzhou jujube futures rose first and then fell this week, with a weekly increase of about 0.33% [9][13]. - In Xinjiang's main producing areas, the acquisition in some areas has ended, while in others, it is in progress. The prices in the producing areas are trending weakly. The inventory of 36 sample points as of November 28, 2025, was 10,848 tons, an increase of 518 tons from last week, a month - on - month increase of 5.01% and a year - on - year increase of 90.32% [9][42]. - Enterprises and small and medium - sized merchants are the main purchasing entities, with Cangzhou merchants being the main purchasing force in the current market [9]. 3.2 Futures and Spot Market - **Futures price**: The price of the Zhengzhou jujube 2601 contract rose first and then fell this week, with a weekly increase of about 0.33% [13]. - **Futures positions**: As of this week, the net position of the top 20 in jujube futures was - 16,457 lots [16]. - **Futures warehouse receipts**: As of this week, the number of Zhengzhou jujube warehouse receipts was 0 [20]. - **Futures spreads**: As of this week, the spread between the Zhengzhou Commodity Exchange's jujube futures 2601 contract and the 2605 contract was - 150 yuan/ton [23]. - **Basis**: As of this week, the basis between the spot price of Hebei grey jujubes and the main contract of jujube futures was 805 yuan/ton [26]. - **Spot prices**: As of November 28, 2025, the purchase price of jujube bulk goods in Aksu was 5.05 yuan/kg, in Alar was 5.5 yuan/kg, and in Kashgar was 6.6 yuan/kg; the wholesale price of first - grade grey jujubes in Cangzhou, Hebei, and Henan was 4.45 yuan/jin; the spot price of special - grade grey jujubes in Cangzhou, Hebei, was 9.83 yuan/kg, and in Henan was 9.8 yuan/kg [29][33][38]. 3.3 Industry Chain Situation - **Supply side**: - As of November 28, 2025, the physical inventory of 36 sample points was 10,848 tons, an increase of 518 tons from last week, a month - on - month increase of 5.01% and a year - on - year increase of 90.32% [42]. - The 2025/26 jujube production season is expected to see a decline in output [46]. - **Demand side**: - In October 2025, China's jujube export volume was 2,205,220 kg, with an export value of 35,238,139 yuan and an export average price of 15,979.42 yuan/ton. The export volume decreased by 3.44% month - on - month and 33.29% year - on - year. From January to October 2025, the cumulative export volume was 25,753,622 kg, a cumulative year - on - year increase of 0.18% [50]. - This week, the BOCE Xinjiang Jujube Good Brand had only a small amount of orders and transactions [55]. 3.4 Options Market and Futures - Stock Correlation - **Options market**: The report only mentions the implied volatility of at - the - money jujube options this week, but no specific data is provided [56]. - **Stock market**: The report shows the price - earnings ratio chart of Hao Xiang Ni, but no specific analysis is given [58][59].

Report Summary 1. Industry Investment Rating No investment rating provided in the report. 2. Core View The sample - point inventory of red dates has increased. About 50% of the acquisition in major producing areas has been completed, and the acquired goods are being shipped. The acquisition progress in the Third Division and Maigaiti area is relatively slow. The product prices in the sales area continue to decline, the downstream purchasing enthusiasm is low, the market transaction is average, the spot price is expected to be weakly stable, and the Zhengzhou red date futures price is expected to run at a low level in the short term [3]. 3. Summary by Directory 3.1 Futures Market - The closing price of the futures main contract for red dates is 9225 yuan/ton, and the main - contract position is 121,643 lots, a decrease of 13,118 lots compared to the previous period. The net long position of the top 20 futures holders is - 3722 lots, the number of warehouse receipts is 0, and the total effective warehouse - receipt forecast is 428 [3]. 3.2 Spot Market - The prices of red dates in different regions show different trends. For example, the wholesale price of first - grade grey dates in Hebei is 4.35 yuan/jin, a decrease of 0.05 yuan/jin; the wholesale price of first - grade grey dates in Henan is 4.45 yuan/jin, unchanged; the price of special - grade red dates in Hebei is 9.66 yuan/kg, a decrease of 0.01 yuan/kg; the price of special - grade red dates in Guangdong is 11.2 yuan/kg, a decrease of 0.1 yuan/kg [3]. 3.3 Upstream Market - The annual output of red dates is 3.187 million tons, and the planting area is 1.993 million hectares, a decrease of 41,000 hectares [3]. 3.4 Industry Situation - The national red - date inventory is 10,330 tons, an increase of 490 tons compared to the previous week, a 4.98% week - on - week increase and a 101.76% year - on - year increase. The monthly export volume of red dates is 2,205,220 kg, a decrease of 78,451 kg, and the cumulative export volume is 25,753,622 kg [3]. 3.5 Downstream Situation - The cumulative sales volume of red dates of Hao Xiang Ni is 36,480.43 tons, and the cumulative year - on - year growth rate of production is 1.47%, a decrease of 34.59 percentage points [3]. 3.6 Industry News - In the Hebei Cuierzhuang market, 15 trucks of red dates arrived, with reference prices of 9.50 yuan/kg for special - grade, 8.50 - 8.70 yuan/kg for first - grade, and 7.50 yuan/kg for second - grade. In the Guangdong Ruyifang market, 12 trucks of red dates arrived, with reference prices of 10.80 yuan/kg for special - grade and 9.90 yuan/kg for first - grade. The quality of the arrived goods varies, the price difference has widened, and the market acceptance of ordinary goods is poor. The red dates in the Xinjiang main - producing area are in the late stage of being picked, and the acquisition progress in Aksu and other places has accelerated [3].

Core Viewpoint - The main futures contract for red dates experienced a sharp decline, reaching a low of 9190.00 yuan, with a drop of 2.65% as of the report's publication [1] Group 1: Market Performance - The red date futures market is showing weak performance, with the main contract declining over 2% [2] - The lowest price recorded for the red date futures was 9190.00 yuan, indicating a significant downward trend [1] Group 2: Price Trends and Market Dynamics - In the Aksu region, the mainstream transaction price ranges from 5.80 to 6.60 yuan per kilogram, with an average transaction price of 6.2 yuan per kilogram [2] - In the Aral region, the reference mainstream purchase price is between 5.80 and 7.00 yuan per kilogram, with an average of 6.4 yuan per kilogram [2] - The Kashgar region shows prices for certain designated gardens ranging from 6.80 to 7.80 yuan per kilogram, with an average of 7.35 yuan per kilogram [2] - The market in Hebei saw a price adjustment on November 12, with premium red dates priced at 9.96 yuan per kilogram, first-grade at 9.00 yuan, second-grade at 7.9 yuan, and third-grade at 6.5 yuan [2] Group 3: Future Outlook - The market is currently in a wait-and-see mode due to weak feedback from the sales area affecting new date purchase prices [2] - The decline in prices may slow down as red date prices are at historically low levels, with expectations for a potential stabilization in the near term [3] - The increase in supply from the new season and high inventory levels are putting pressure on demand, but there is hope that upcoming peak season consumption may provide a boost [3]