1. Report Industry Investment Rating - No information provided 2. Core View of the Report - The current jujube market is at a critical period of transition between old and new seasons. The main - producing areas' grey jujubes are in the sugar - increasing stage. The physical inventory of 36 sample points in the jujube market this week is 9247 tons, a decrease of 74 tons from last week, a 0.79% month - on - month decrease and an 80.64% year - on - year increase. The arrival volume in the sales area market is small, the downstream purchasing enthusiasm is average, and the overall trading atmosphere is weak. There is a technical repair in jujube prices on the market. It is recommended to wait and see in the short term and pay attention to holiday stocking [2] 3. Summary According to Related Catalogs 3.1 Futures Market - The closing price of the futures main contract for jujube is 10,780 yuan/ton, with a daily increase of 45 yuan; the main contract's open interest is 153,661 lots, an increase of 3,842 lots. The net long position of the top 20 futures holders is - 5,690 lots, a decrease of 35 lots. The number of warehouse receipts is 7,640 sheets, a decrease of 683 sheets, and the effective warehouse receipt forecast is 58 sheets, unchanged [2] 3.2 Spot Market - The prices of jujube in various regions are mostly stable. For example, the general - grade jujube price in Kashgar is 6 yuan/kg, the first - grade grey jujube wholesale price in Hebei is 4.75 yuan/jin, and the special - grade jujube price in Hebei has increased by 0.16 yuan/kg to 10.46 yuan/kg [2] 3.3 Upstream Market - The annual jujube output is 606.9 million tons, an increase of 318.7 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 9,247 tons, a decrease of 74 tons from last week. The monthly jujube export volume is 2,364,893 kg, an increase of 580,729 kg, and the cumulative monthly export volume is 21,264,731 kg, an increase of 2,364,893 kg [2] 3.5 Downstream Situation - The cumulative quarterly sales volume of jujubes of好想你is 36,480.43 tons, a decrease of 2,981.06 tons, and the cumulative quarterly year - on - year jujube production growth rate is 1.47%, a decrease of 34.59 percentage points [2] 3.6 Industry News - The Hebei Cui'erzhuang market has no arrivals due to weather, with narrow price fluctuations, and downstream purchases as needed. The Guangdong Ruyifang market has 2 trucks of arrivals, with reference prices for special - grade jujubes at 11.80 yuan/kg and second - grade jujubes at 9.00 - 9.10 yuan/kg, and there is a small amount of morning trading [2]

1. Report Industry Investment Rating - The report suggests a short - term bearish outlook on the red date industry [2] 2. Core View of the Report - The supply - demand contradiction in the red date market has not been effectively alleviated, and the market is in a state of dynamic balance. The arrival volume in the sales areas is low, the downstream purchasing enthusiasm is average, and the overall trading atmosphere is light. The mentality of holders has clearly diverged, with some being reluctant to sell and waiting to see the future market. Operationally, a short - term bearish approach is recommended [2] 3. Summary According to Relevant Catalogs 3.1 Futures Market - The closing price of the main futures contract for red dates is 10,620 yuan/ton, down 195 yuan; the main contract's open interest is 146,461 lots, up 2,952 lots. The net long position of the top 20 futures holders is - 1,558 lots, up 2,514 lots. The number of warehouse receipts is 8,661, down 210; the effective warehouse receipt forecast is 58, unchanged [2] 3.2现货市场 - The prices of red date products in various regions are mostly stable, with only the price of Hebei's premium red dates down 0.03 yuan/kg to 10.33 yuan/kg [2] 3.3 Upstream Market - The annual output of red dates is 6.069 million tons, an increase of 3.187 million tons; the planting area is 1.993 million hectares, a decrease of 41,000 hectares [2] 3.4 Industry Situation - The national red date inventory is 9,321 tons, down 89 tons; the monthly export volume is 1,784,164 kg, up 19,057 kg; the cumulative monthly export volume is 18,899,838 kg, up 1,784,164 kg [2] 3.5 Downstream Situation - The cumulative quarterly sales volume of Hao Xiang Ni's red dates is 36,480.43 tons, down 2,981.06 tons; the cumulative quarterly year - on - year production growth rate is 1.47%, down 34.59 percentage points [2] 3.6 Industry News - In Hebei's Cui'erzhuang market, 4 trucks of red dates arrived, with reference prices for premium, first - grade, and second - grade red dates. The market had little trading, and downstream buyers purchased as needed. In Guangdong's Ruyifang market, 4 trucks arrived, with spot prices fluctuating slightly, and early - morning trading of 1 - 2 trucks. In the main production areas of Xinjiang grey dates, the temperature is between 15°C - 31°C, and the jujube trees are in the sugar - increasing period. There may be light rain in mid - to - late September [2]

1. Report Industry Investment Rating - No information provided on the industry investment rating 2. Report's Core View - The red date market is currently in a critical "lean period" with complex market sentiment and price trends, where contradictions and games co - exist. The downstream demand is weak, and the old - crop inventory remains high. The supply - demand contradiction has not been effectively alleviated. It is recommended to wait and see in the short term [2] 3. Summary by Relevant Directory 3.1 Futures Market - The closing price of the main futures contract for red dates is 11,225 yuan/ton, up 190 yuan. The main contract's open interest is 137,721 lots, an increase of 6,880 lots. The net long position of the top 20 futures holders is - 4,067 lots, up 3,027 lots. The number of warehouse receipts is 9,194, a decrease of 131. The total effective warehouse receipt forecasts are 93 lots, up 42 lots [2] 3.2 Spot Market - The unified price of red dates in Kashi is 6 yuan/kg, unchanged; in Alar, it is 5.2 yuan/kg, unchanged; in Aksu, it is 4.8 yuan/kg, unchanged. The wholesale price of first - grade grey dates in Hebei and Henan is 4.75 yuan/jin, unchanged. The prices of special - grade red dates in Henan, Hebei, and Guangdong are 10.5 yuan/kg, 10.37 yuan/kg (up 0.02 yuan), and 11.7 yuan/kg respectively, with the latter two unchanged. The first - grade red date price in Guangdong is 10.6 yuan/kg, unchanged [2] 3.3 Upstream Market - The annual red date output is 606.9 million tons, an increase of 318.7 million tons. The planting area is 1.993 million hectares, a decrease of 41,000 hectares [2] 3.4 Industry Situation - The national red date inventory is 9,410 tons, a decrease of 46 tons from last week, a month - on - month decrease of 0.49% and a year - on - year increase of 76.45%. The monthly export volume is 1,784,164 kg, an increase of 19,057 kg. The cumulative monthly export volume is 18,899,838 kg, an increase of 1,784,164 kg [2] 3.5 Downstream Situation - The cumulative quarterly sales volume of red dates by Hao Xiangni is 36,480.43 tons, a decrease of 2,981.06 tons. The cumulative year - on - year production growth rate is 1.47%, a decrease of 34.59 percentage points [2] 3.6 Industry News - In the Hebei Cuierzhuang market, 1 truck of sub - standard red dates arrived, with sporadic arrivals recently. The reference price of non - standard special - grade red dates is 9.45 yuan/kg, and first - grade is 8.45 yuan/kg, with general overall transactions. In the Guangdong Ruyifang market, 2 trucks arrived, with stable spot prices and small - volume transactions. In the sales area market, the arrival volume is low, and the downstream procurement enthusiasm is general, with a cold trading atmosphere [2] 3.7 Viewpoint Summary - As of September 4, 2025, the physical inventory of 36 sample points of red dates is 9,410 tons, a decrease of 46 tons from last week, a month - on - month decrease of 0.49% and a year - on - year increase of 76.45%. The sample - point inventory has a slight decline, but the supply pressure remains [2]

Report Summary 1) Report Industry Investment Rating No investment rating information is provided in the report. 2) Core Viewpoint As the weather gets hotter and seasonal fresh fruits come onto the market, they replace tonic products like red dates. It is the seasonal off - peak demand period for red dates, resulting in slow inventory digestion and increasing pressure, which restricts the upward space of red date prices. The physical inventory of 36 sample points this week is 10,693 tons, a decrease of 15 tons from last week, a 0.14% week - on - week decrease and a 69.51% year - on - year increase. The market trading atmosphere is average. During the annual consumption trough, attention should be paid to the growth of new crops in the producing areas [2]. 3) Summary by Relevant Catalogs Futures Market - The closing price of the main futures contract for red dates is 8,895 yuan/ton, and the main contract's open interest is 79,118 lots, an increase of 230 lots. The net long position of the top 20 futures holders is - 13,180 lots, a decrease of 1,208 lots. The number of warehouse receipts is 8,164, and the total valid warehouse receipt forecasts are 391, an increase of 260 [2]. Spot Market - The prices of red dates in different regions remain stable. For example, the wholesale price of first - class grey dates in Hebei is 4.15 yuan/jin, and the wholesale price of first - class grey dates in Henan is 4.25 yuan/jin [2]. Upstream Market - The annual output of red dates is 6.069 million tons, and the planting area is 1.993 million hectares, a decrease of 41,000 hectares [2]. Industry Situation - The national red date inventory is 10,693 tons, a decrease of 15 tons from last week. The monthly export volume of red dates is 2,361,798 kg, a decrease of 1,057,714 kg. The cumulative monthly export volume is 13,121,340 kg [2]. Downstream Situation - The wholesale price of red dates in the Hexi Agricultural and Sideline Products Market in Taiyuan, Shanxi Province, decreased. The cumulative quarterly sales volume of red dates of好想你 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]. Industry News - According to Mysteel Agricultural Products research data, the physical inventory of 36 sample points is 10,693 tons, a 0.14% week - on - week decrease and a 69.51% year - on - year increase [2].

Report Industry Investment Rating - No relevant content found Core View - As the weather gets hotter, seasonal fresh fruits come onto the market, substituting for nourishing products like dates. After the Dragon Boat Festival stocking ends, the market sales atmosphere weakens. The seasonal demand for dates fades, inventory digestion slows, and pressure becomes prominent, suppressing the upside space of date prices. This week, the physical inventory of 36 sample points was 10,708 tons, a decrease of 45 tons from last week, a 0.42% week-on-week decrease and a 72.38% year-on-year increase. After the Dragon Boat Festival, the trading atmosphere in the date market weakens, the arrival volume decreases, and it is the annual consumption trough. It is necessary to pay attention to the growth of the new season in the production areas and the weather in the production areas, which affects the market fluctuation [2] Summary by Directory Futures Market - The closing price of the futures main contract of dates was 78,487 yuan/ton, a decrease of 70 yuan/ton; the main contract position was 8,925 hands, an increase of 25 hands; the effective warehouse receipt forecast was 126 sheets, unchanged; the net long position of the top 20 futures positions was 629 hands; the warehouse receipt quantity was 8,371 sheets, a decrease of 7 sheets [2] Spot Market - The unified price of dates in Alar was 5.2 yuan/kg, unchanged; the wholesale price of first-grade grey dates in Henan was 4.25 yuan/jin, unchanged; the unified price of dates in Aksu was 4.8 yuan/kg, unchanged; the special-grade price of dates in Henan was 9.5 yuan/kg, unchanged; the first-grade price of dates in Guangdong was 9 yuan/kg, unchanged; the wholesale price of dates in the Hexi Agricultural and Sideline Products Market in Taiyuan, Shanxi was 1.47 yuan/kg, a decrease of 8 yuan/kg; the unified price of dates in Kashgar was 6 yuan/kg, unchanged; the wholesale price of first-grade grey dates in Hebei was 4.15 yuan/jin; the special-grade price of dates in Hebei was 9.2 yuan/kg, unchanged; the special-grade price of dates in Guangdong was 10.4 yuan/kg [2] Upstream Market - The planting area of dates was 606.9 million hectares, an increase of 318.7 million hectares; the output was 199.3 million tons, a decrease of 4.1 million tons [2] Industry Situation - The national date inventory was 10,708 tons, a decrease of 45 tons; the monthly export volume was 2,361,798 kg, a decrease of 1,057,714 kg; the cumulative export volume was 13,121,340 kg; the sales volume of Hao Xiang Ni's dates was 36,480.43 tons, a decrease of 2,981.06 tons; the cumulative year-on-year output growth rate was -34.59% [2] Industry News - According to the research data of Mysteel Agricultural Products, the physical inventory of 36 sample points this week was 10,708 tons, a decrease of 45 tons from last week, a 0.42% week-on-week decrease and a 72.38% year-on-year increase. The inventory of sample points decreased slightly this week [2] Suggested Attention - There is no news today. The weather in the production areas affects the market fluctuation [2]

Report Industry Investment Rating - No relevant content provided Core Viewpoints - As the weather gets hotter, seasonal fresh fruits come onto the market, substituting for nourishing products like red dates. After the Dragon Boat Festival stocking ends, the market trading atmosphere weakens, the demand for red dates seasonally declines, inventory digestion slows down, and pressure keeps rising, which restricts the upside space of jujube prices. After the Dragon Boat Festival, the trading atmosphere in the red date market weakens, the arrival volume decreases. During the annual consumption trough, attention should be paid to the growth of the new season in the producing areas [2] Summary by Related Catalogs Futures Market - The closing price of the futures main contract for red dates is 8,910 yuan/ton; the main contract position is 78,665 lots, a decrease of 505 lots; the net long position of the top 20 futures holdings is -801 lots; the number of warehouse receipts is 8,383 sheets; the effective warehouse receipt forecast is 128 sheets [2] Spot Market - The wholesale price of first-grade grey jujubes in Hebei is 4.15 yuan/jin; in Henan, it is 4.25 yuan/jin. The price of special-grade red dates in Henan is 9.5 yuan/kg; in Hebei, it is 9.2 yuan/kg; in Guangdong, it is 10.4 yuan/kg, a decrease of 0.2 yuan/kg. The price of first-grade red dates in Guangdong is 9 yuan/kg. The unified price of red dates in Kashgar is 6 yuan/kg; in Alar, it is 5.2 yuan/kg; in Aksu, it is 4.8 yuan/kg [2] 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 [2] Industry Situation - The national red date inventory is 10,708 tons, a decrease of 45 tons from last week, a month-on-month decrease of 0.42% and a year-on-year increase of 72.38%. The monthly export volume of red dates is 2,361,798 kg, a decrease of 1,057,714 kg; the cumulative monthly export volume is 13,121,340 kg [2] Downstream Situation - The wholesale price of red dates in the Hexi Agricultural and Sideline Products Market in Taiyuan, Shanxi Province is 1.47 yuan/kg, a decrease of 34.59%. The cumulative sales volume of red dates of Hao Xiang Ni is 36,480.43 tons, a decrease of 2,981.06 tons [2] Industry News - According to the research data of Mysteel Agricultural Products, the physical inventory of 36 sample points this week is 10,708 tons, a decrease of 45 tons from last week, a month-on-month decrease of 0.42% and a year-on-year increase of 72.38%. The inventory of sample points decreased slightly this week [2]