1. Report Industry Investment Rating - No relevant information provided. 2. Core View of the Report - During the Spring Festival, the trading atmosphere in markets in Xinjiang production areas was cold, with low purchase volumes. In the sales areas, there was no obvious peak season for festival stocking and consumption, but the number of purchasing merchants increased year - on - year due to low prices and good quality. However, demand weakened after the festival, and without positive factors, the jujube price is expected to remain volatile [2]. 3. Summary by Relevant Catalogs 3.1 Futures Market - The closing price of the main futures contract for jujube was 8,845 yuan/ton, with no change; the main contract's open interest was 106,193 lots, an increase of 417 lots; the net long position of the top 20 futures holders was - 15,493 lots, a decrease of 89 lots; the number of warehouse receipts was 3,869, and the total effective warehouse receipt forecasts were 352, a decrease of 103 [2]. 3.2 Spot Market - The prices of jujube in various regions remained unchanged. For example, the unified - grade jujube price in Kashi was 6.5 yuan/kg, the first - grade grey jujube wholesale price in Hebei was 3.95 yuan/jin, and the special - grade jujube price in Guangdong was 10 yuan/kg [2]. 3.3 Upstream Market - The annual jujube output was 606.9 million tons, an increase of 318.7 million tons, and the planting area was 1.993 million hectares, a decrease of 41,000 hectares [2]. 3.4 Industry Situation - The national jujube inventory was 11,853 tons, a decrease of 35 tons; the monthly jujube export volume was 5,071,577 kg, an increase of 1,534,011 kg; the cumulative monthly jujube export volume was 34,362,765 kg, an increase of 5,071,577 kg [2]. 3.5 Downstream Situation - The cumulative quarterly sales volume of jujube by Hao Xiang Ni was 36,480.43 tons, a decrease of 2,981.06 tons, and the cumulative year - on - year jujube production growth rate was 1.47%, a decrease of 34.59 percentage points [2]. 3.6 Industry News - The average daily number of trucks arriving at Ruyifang Market was 0.38, a decrease of 4.75. After the Spring Festival holiday, the market resumed operation slowly. Attention should be paid to the replenishment intensity of downstream customers. In the short term, the jujube spot price remained stable. The monthly average wholesale price of jujube was 11.23 yuan/kg, an increase of 0.47 yuan [2].

1. Report Industry Investment Rating - No information provided in the report. 2. Core View of the Report - Before the Spring Festival, the overall sales rhythm of jujubes was acceptable, and the pre - holiday stocking was coming to an end. As of February 5, 2026, the physical inventory of 36 sample points of jujubes was 11,888 tons, a decrease of 1,255 tons from the previous week, a 9.55% month - on - month decrease and a 12.84% year - on - year increase. The inventory of sample points decreased month - on - month. The overall sales situation before the Spring Festival was not much different from the same period last year [2]. 3. Summary According to Relevant Catalogs Futures Market - The closing price of the main futures contract of jujubes was 8,725 yuan/ton, and the position of the main contract was 120,716 lots, an increase of 1,879 lots. The net long position of the top 20 futures holders was - 19,807 lots, and the number of warehouse receipts was 3,350. The total effective warehouse receipt forecast was 768, and the price of Kashgar jujube bulk goods was not provided with a change value [2]. Spot Market - The wholesale price of first - grade grey jujubes in Hebei was 6.5 yuan/jin, in Henan was 4.15 yuan/jin; the price of bulk jujubes in Alar was 5.65 yuan/kg, in Aksu was 5.15 yuan/kg; the price of special - grade jujubes in Henan was 9.44 yuan/kg, in Hebei was 9.2 yuan/kg, in Guangdong was 10 yuan/kg; the price of first - grade jujubes in Guangdong was 8.8 yuan/kg, with no change in all prices [2]. Upstream Market - The annual jujube output was 318.7 million tons, and the planting area was 199.3 million hectares, a decrease of 4.1% [2]. Industry Situation - The national jujube inventory decreased by 1,255 tons this week, and 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 [2]. Downstream Situation - The cumulative sales volume of jujubes of Hao Xiang Ni 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%. The average daily arrival of jujubes at Ruyifang Market was 1 vehicle less, and the monthly average wholesale price of jujubes was 10.76 yuan/kg, an increase of 0.43 yuan/kg [2]. Industry News - Before the Spring Festival, the stocking in the jujube sales area was coming to an end, the trading atmosphere in each market was light, surrounding customers made small - quantity purchases, and processing plants and enterprises were gradually shutting down for the holiday [2]. Suggestions for Attention - There was no news today. Affected by the Spring Festival holiday, long - distance logistics had basically stopped, but local logistics could still operate normally. Due to the scattered acquisition structure of the 2025 production season and the industry's generally cautious expectation for the new season after the holiday, risk control should be noted during the approaching long holiday [2].

Report Industry Investment Rating - No relevant content provided Core Viewpoints - Currently in the traditional pre - Spring Festival stocking peak, but downstream channels have a low willingness to make large - order purchases, and the terminal market generally maintains a low - inventory strategy of "buy as you sell", resulting in fragmented demand transmission. The Hebei sales area continues to receive goods with a slight price increase. With only more than ten days left until the national logistics network shuts down, close attention should be paid to the stocking intensity in the last stage before the festival [2] Summary by Directory Futures Market - The closing price of the futures main contract for red dates is 8895 yuan/ton, with a week - on - week increase of 65; the main contract position is 125,752 lots, with a week - on - week decrease of 2555; the net long position of the top 20 futures holders is - 15,868 lots, with a week - on - week increase of 1181; the number of warehouse receipts is 3313, and the effective warehouse receipt forecast is 523, with no week - on - week change [2] Spot Market - The prices of red date bulk goods in Kashgar, Alar, and Aksu are 6.5 yuan/kg, 5.65 yuan/kg, and 5.15 yuan/kg respectively, with no week - on - week change; the wholesale prices of first - grade grey dates in Hebei and Henan are 4.1 yuan/jin and 4.15 yuan/jin respectively, with no week - on - week change; the prices of special - grade red dates in Henan, Hebei, and Guangdong are 9.44 yuan/kg, 9.3 yuan/kg, and 10 yuan/kg respectively, with only the Hebei price having a week - on - week increase of 0.05 yuan/kg; the price of first - grade red dates in Guangdong is 8.8 yuan/kg, with no week - on - week change [2] Upstream Market - The annual output of red dates is 6.069 million tons, with an increase of 3.187 million tons; the planting area is 1.993 million hectares, with a decrease of 41,000 hectares [2] Industry Situation - The national red date inventory is 14,068 tons, with a week - on - week decrease of 347 tons; the monthly export volume of red dates is 5,071,577 kg, with an increase of 1,534,011 kg; the cumulative monthly export volume is 34,362,765 kg, with an increase of 5,071,577 kg [2] Downstream Situation - The cumulative quarterly sales volume of red dates of Hao Xiang Ni is 36,480.43 tons, with a decrease of 2981.06 tons; the cumulative year - on - year production growth rate is 1.47%, with a decrease of 34.59 percentage points; the average daily arrival volume of red dates at the Ruyifang Market is 5.63 vehicles, with a week - on - week increase of 0.2 vehicles; the monthly average wholesale price of red dates is 10.76 yuan/kg, with a month - on - month increase of 0.43 yuan/kg [2] Industry News - There is a small amount of goods arriving at the parking area of the Cui'erzhuang Market in Hebei. The reference arrival prices are 8.00 yuan/kg for special - grade and 7.50 yuan/kg for first - grade, with average quality. Downstream buyers purchase as needed. Small and medium - sized enterprises with self - purchased goods are actively selling before the Spring Festival. At the Ruyifang Market in Guangdong, 7 vehicles of goods arrive, and the prices remain stable. Downstream buyers take goods as needed. The market will be on holiday from the 25th of the twelfth lunar month to the eighth day of the first lunar month, and the overall sales in the sales areas have been acceptable recently [2]

免责声明 | 项目类别 | 数据指标 | 最新 | 环比 数据指标 | 最新 | 环比 | | --- | --- | --- | --- | --- | --- | | 期货市场 | 期货主力合约收盘价:红枣(日,元/吨) | 9195 | -170 主力合约持仓量:红枣(日,手) | 149997 | -1595 | | | 期货前20名持仓:净买单量:红枣(日,手) | -12083 | -981 仓单数量:红枣(日,张) | 0 | 0 | | | 有效仓单预报:红枣:小计(日,张) | 0 | 0 | | | | 现货市场 | 喀什红枣统货价格(日,元/公斤) | 7.35 | 0 河北一级灰枣批发价格(日,元/斤) | 4.5 | 0 | | | 阿拉尔红枣统货价格(日,元/公斤) | 6.4 | 0 河南一级灰枣批发价格(日,元/斤) | 4.55 | -0.05 | | | 阿克苏红枣统货价格(日,单位:元/公斤) | 6.2 | 0 河南红枣特级价格(元/公斤) | 10.2 | -0.1 | | | 河北红枣特级价格(元/公斤) | 9.96 | -0.02 广东红枣特级价格(日,元/公斤 ...

研究员: 张昕 期货从业资格号F03109641 期货投资咨询从业证书号Z0018457 | 项目类别 | 数据指标 | 最新 | 环比 | 数据指标 | 最新 | 环比 | | --- | --- | --- | --- | --- | --- | --- | | 期货市场 | 期货主力合约收盘价:红枣(日,元/吨) 115 主力合约持仓量:红枣(日,手) | 9010 | | | 81232 | 2114 64 | | | 期货前20名持仓:净买单量:红枣(日,手) 455 仓单数量:红枣(日,张) | -12725 | | | 8228 | | | | 有效仓单预报:红枣:小计(日,张) 喀什红枣统货价格(日,元/公斤) | 302 | -89 | | | | | 现货市场 | | | | | | | | | 0 河北一级灰枣批发价格(日,元/斤) 阿拉尔红枣统货价格(日,元/公斤) 0 河南一级灰枣批发价格(日,元/斤) | 6 5.2 | | | 4.15 4.25 | 0 0 | | | 阿克苏红枣统货价格(日,单位:元/公斤) 0 河南红枣特级价格(元/公斤) | 4.8 | | | 9.5 | ...

Report Summary - **Report Date**: April 21, 2025 [1] - **Report Type**: Jujube Industry Daily Report 1. Report Industry Investment Rating - Not provided in the report 2. Report's Core View - This week, the inventory of 36 sample physical warehouses decreased slightly, with a week - on - week reduction of 1.26% and a year - on - year increase of 51.27%. As the weather warms, cold storage inventory has become saturated. Due to low spot prices and increasing storage costs, mainland holders have not significantly reduced prices. The sales area has sufficient supply and average trading atmosphere, with high - quality and sub - standard products moving relatively fast. The current market supply - demand game continues, and price fluctuations are limited. It is recommended to focus on inventory digestion and new - season growth [2] 3. Summary by Relevant Catalogs 3.1 Futures Market - The closing price of the main jujube futures contract is 9440 yuan/ton, down 10 yuan/ton; the 5 - 9 month contract spread is - 405 yuan/ton, up 10 yuan/ton. The main contract's open interest is 86468 lots, an increase of 633 lots. The net long position of the top 20 futures holders is - 24760 lots, a decrease of 667 lots. The number of warehouse receipts is 8073, unchanged; the effective warehouse receipt forecast is 409, unchanged [2] 3.2 Spot Market - The prices of jujube in various regions are stable. For example, the price of general jujube in Kashgar is 6 yuan/kg, the wholesale price of first - grade grey jujube in Hebei is 4.15 yuan/jin, etc. [2] 3.3 Upstream Market - The annual jujube output is 6069000 tons, an increase of 3187000 tons; the planting area is 1.993 million hectares, a decrease of 41000 hectares [2] 3.4 Industry Situation - The national jujube inventory is 10655 tons, a decrease of 66 tons; the monthly export volume is 2839432 kg, a decrease of 1661166 kg; the cumulative export volume is 7340030 kg, an increase of 2839432 kg [2] 3.5 Downstream Situation - The wholesale price of jujube in the Hexi Agricultural and Sideline Products Market in Taiyuan, Shanxi is 20 yuan/kg, a decrease of 8 yuan/kg. The cumulative sales volume of HaoXiangNi's jujube is 39461.49 tons, an increase of 12290.69 tons; the cumulative year - on - year production increase is 36.06%, a decrease of 38.79 percentage points [2] 3.6 Industry News - Over the weekend, nearly 30 trucks of jujube arrived at the Cui'erzhuang Market in Hebei, with sufficient supply. High - quality goods are scarce and prices are firm. The sales area has average sales, and inventory is relatively high. In the Guangdong Ruyifang Market, 7 trucks of jujube arrived, and the mainstream price is stable [2] 3.7 Viewpoint Summary - The inventory of 36 sample points decreased by 1.26% week - on - week and increased by 51.27% year - on - year. The inventory decreased slightly this week. Cold storage inventory is saturated. Holders have not significantly reduced prices. The sales area has sufficient supply and average trading atmosphere [2] 3.8 Tip to Follow - There is no news today. It is recommended to focus on inventory digestion and new - season growth [2]