Group 1 - The average price of pork in China's wholesale markets is 19.94 yuan per kilogram, which represents an increase of 0.6% compared to the previous day [1] - The average price of eggs is 7.64 yuan per kilogram, showing a decrease of 0.4% from the previous day [1]

Group 1: Agricultural Products Market - The national edible agricultural product market price increased by 0.5% from the previous week [1] - The average wholesale price of 30 types of vegetables reached 4.46 yuan per kilogram, rising by 3.2%, with broccoli, cucumber, and zucchini increasing by 18.9%, 10.9%, and 10.2% respectively [1] - Poultry product wholesale prices saw slight increases, with eggs and white-cut chicken rising by 1.4% and 0.5% respectively [1] - Aquatic product wholesale prices experienced minor increases, with grass carp, large yellow croaker, and carp rising by 0.5%, 0.5%, and 0.1% respectively [1] - Meat wholesale prices showed slight fluctuations, with pork priced at 20.05 yuan per kilogram, decreasing by 0.6%, while beef and lamb increased by 0.3% [1] - Grain and oil wholesale prices slightly decreased, with soybean oil, rapeseed oil, rice, and flour all dropping by 0.2%, while peanut oil increased by 0.1% [1] - The average wholesale price of six types of fruits slightly decreased, with grapes, watermelons, and bananas falling by 1.1%, 1.1%, and 0.9% respectively [1] Group 2: Production Materials Market - Steel prices experienced slight declines, with high-speed wire, rebar, and hot-rolled strip steel priced at 3595 yuan, 3411 yuan, and 3613 yuan per ton, decreasing by 1.2%, 1.1%, and 0.6% respectively [2] - Basic chemical raw material prices saw minor decreases, with polypropylene, sulfuric acid, methanol, and soda ash dropping by 1.3%, 0.7%, 0.4%, and 0.1% respectively [2] - Non-ferrous metal prices slightly retreated, with zinc, copper, and aluminum decreasing by 0.9%, 0.7%, and 0.3% respectively [2] - Refined oil wholesale prices continued to decline, with 0 diesel, 92 gasoline, and 95 gasoline decreasing by 0.2%, 0.1%, and 0.1% respectively [2] - Fertilizer prices remained stable with a slight increase, as urea rose by 0.1%, while compound fertilizers remained unchanged from the previous week [2] - Coal prices continued to rise, with coking coal, thermal coal, and anthracite priced at 994 yuan, 766 yuan, and 1138 yuan per ton, increasing by 1.1%, 0.4%, and 0.1% respectively [2] - Rubber prices saw slight increases, with synthetic rubber and natural rubber rising by 0.9% and 0.5% respectively [2]

Group 1: Apple Investment Rating - Neutral. The apple market is expected to maintain stable prices in the short term due to low inventory and similar expected production in the new season [3]. Core View - The apple market shows a mixed trend with polarizing prices of early - maturing varieties and a weakening trend in inventory apples. The market should focus on the quality of new - season fruits and the impact of early - maturing apples on inventory apple sales [1][2]. Summary by Directory Market News and Important Data - Futures: The closing price of the apple 2510 contract was 8124 yuan/ton, down 17 yuan/ton (-0.21% ) from the previous day. Spot: Shandong Qixia 80 first - and second - grade late Fuji was 3.75 yuan/jin; Shaanxi Luochuan 70 semi - commodity late Fuji was 4.50 yuan/jin [1]. Market Analysis - Apple futures prices fell. The remaining early - maturing Gala apples in the western region had uneven quality and chaotic prices. Inventory apples had a high proportion of large fruits and slow sales. Short - term inventory apples are expected to be stable but weak [2]. Strategy - Maintain a neutral view. With low inventory and little change in expected production, apple prices will likely remain stable in the short term. Monitor the trading of new - season early - maturing apples [3]. Group 2: Red Dates Investment Rating - Neutral. The red date market may see short - term upward movement due to unfalsified production reduction expectations, but high inventory may cause prices to weaken if the reduction is less than expected [7]. Core View - Red date futures prices were flat. The arrival of goods in the sales areas decreased, and the market is sensitive to weather changes in the production areas. There are differences in the expectations for the new - season red date production [4][6]. Summary by Directory Market News and Important Data - Futures: The closing price of the red date 2601 contract was 11410 yuan/ton, unchanged from the previous day. Spot: Hebei first - grade grey dates were 9.60 yuan/kg [4]. Market Analysis - Red date futures prices remained the same. The first - crop flowers are turning red and sugaring. The arrival of goods in the sales areas decreased, and the spot price is strong. The market is trading based on production reduction expectations and is sensitive to weather [6]. Strategy - Adopt a neutral stance. The market may be affected by capital sentiment in the short term, but high inventory may lead to price weakness if the production reduction is less than expected [7].

1. Report Industry Investment Rating - No relevant content provided 2. Core View of the Report - This week, the bond market followed the stock market. The influence of the stock index on the bond market weakened. Short - term focus on stock market changes: a strong stock market will suppress the bond market, while a stock market correction will benefit bond bulls. The trading strategy is for trading - type investors to conduct band operations [2][35][36] 3. Summary by Relevant Catalogs 3.1 Treasury Bond Futures Weekly Market Review - This week, the main contracts of treasury bond futures opened lower with a gap on Monday and then fell sharply, fluctuated horizontally on Tuesday, fell sharply on Wednesday, rebounded after hitting the bottom on Thursday, and declined slightly on Friday. The 30 - year treasury bond fell 1.05%, the 10 - year treasury bond fell 0.52%, the 5 - year treasury bond fell 0.28%, and the 2 - year treasury bond fell 0.03% [5] - As of August 22, the maturity yield curve of treasury bond cash bonds shifted upward in parallel compared with August 15. The 2 - year, 5 - year, 10 - year, and 30 - year treasury bond yields rose by 3, 4, 3, and 3 basis points respectively [8] 3.2 Fiscal Revenue and Expenditure Data - In July, the national general public budget revenue was 2027.3 billion yuan, a year - on - year increase of 2.65%, and the expenditure was 1946.6 billion yuan, a year - on - year increase of 3.04%. From January to July, the cumulative general public budget revenue increased by 0.1% year - on - year, and the expenditure increased by 3.4% year - on - year [11] - In July, national tax revenue was 1801.8 billion yuan, a year - on - year increase of 5.0%, and non - tax revenue was 225.5 billion yuan, a year - on - year decrease of 12.9% [13] - From January to July, the national government - funded budget revenue was 2312.4 billion yuan, a year - on - year decrease of 0.7%, and the expenditure was 5428.7 billion yuan, a year - on - year increase of 31.7% [16] 3.3 Unemployment Rate - In July, the unemployment rate of the 16 - 24 age group (excluding students) in urban areas was 17.8%, higher than the same period last year by 0.7 percentage points; the 25 - 29 age group was 6.9%, higher than the same period last year by 0.4 percentage points; the 30 - 59 age group was 3.9%, the same as the same period last year [19] 3.4 South Korean Export Data - In the first 20 days of August, South Korea's exports increased by 7.6% year - on - year. Semiconductor exports were 8.71 billion US dollars, a year - on - year increase of 29.5%, accounting for 24.5% of the total exports in the first 20 days of August, up 4.2 percentage points from the same period last year [21] 3.5 New Home Sales Data - Since June, the decline rate of the national new home sales area has accelerated. From January to March, the average daily trading area of commercial housing in 30 large and medium - sized cities was 2.36 million square meters, a year - on - year increase of 2.5%. From August 1 to 20, it was 1.8 million square meters, a year - on - year decrease of 16% [23] 3.6 Price Data - As of August 22, the 200 - index of agricultural product wholesale prices was 115.53. Prices showed a slight upward trend in the first 22 days of August, but the upward slope was much lower than the same period last year. In July, energy prices increased by 1.6% month - on - month, affecting the CPI to rise by about 0.12 percentage points. The average domestic refined oil price in August was lower than that in July [25] - The Nanhua Industrial Products Index declined slightly in the first 22 days of August. After reaching a closing high on July 25, it continued to decline. Short - term inflation pressure is limited [28] 3.7 Capital Interest Rate Data - This week, capital interest rates increased. The weighted average of DR001 was 1.45%, and it fell to 1.41% on Friday. The weighted average of DR007 was 1.52%, and it fell to 1.47% on Friday. The average issuance interest rate of one - year AAA inter - bank certificates of deposit was 1.67%, higher than last week's average of 1.64% [31][32] 3.8 Treasury Bond Futures Market Logic and Trading Strategy - In July, China's fixed - asset investment growth rate was significantly lower than market expectations. Retail sales of consumer goods, industrial added value, and the service industry production index were all lower than expected. Real estate sales and prices continued to decline, while exports exceeded expectations. The central bank will implement a moderately loose monetary policy, and the State Council will take measures to stimulate consumption, expand investment, and stabilize the real estate market [35] - The trading strategy is for trading - type investors to conduct band operations [36]

（文章来源：新华财经） 据农业农村部监测，截至8月12日14:00时，全国农产品批发市场猪肉平均价格为20.26元/公斤，较前一 日上升0.3%；鸡蛋平均价格为7.54元/公斤，较前一日下降0.1%。 ...

（文章来源：新华财经） 据农业农村部监测，截至8月8日14:00时，全国农产品批发市场猪肉平均价格为20.41元/公斤，较前一日 下降0.2%；鸡蛋平均价格为7.51元/公斤，较前一日下降0.4%。 ...

Group 1: Industrial Production - Industrial production shows seasonal characteristics of a downturn, with a slight decrease in blast furnace operating rates, down 0.3 percentage points year-on-year to 1.0% [2][48] - Midstream production is mixed, with soda ash and polyester filament operating rates increasing by 0.4 percentage points to -3.0% and 3.8% respectively, while PTA operating rates decreased by 0.2 percentage points to 5.0% [2][48] - Cement production and demand remain weak, with national grinding operating rates down 3.6 percentage points to -4.6% and cement shipment rates down 0.2 percentage points to -4.2% [2][48] Group 2: Construction and Infrastructure - Overall infrastructure construction is weak, with asphalt operating rates slightly declining by 0.4 percentage points to 5.3% [2][48] - Cement inventory continues to rise, with a year-on-year increase of 1.1 percentage points to 3.3% [13] Group 3: Demand and Shipping - Port cargo throughput and container throughput have rebounded, increasing by 5.7 percentage points to 3.6% and 4.1 percentage points to 5.3% respectively [2][48] - The average daily transaction area of new homes in 30 major cities has significantly decreased, down 13.9 percentage points year-on-year to -5.1%, with first-tier cities experiencing a drop of 38.3 percentage points to -14.2% [24][48] Group 4: Price Trends - Agricultural product prices have generally declined, with significant drops in egg, fruit, and pork prices, down 1.5%, 1.3%, and 0.4% respectively [3][49] - Industrial product prices have rebounded, with the South China industrial product price index increasing by 3.1% [3][49]

Group 1: Industrial Production - Industrial production shows signs of seasonal weakness, with blast furnace operating rates slightly down by 0.3 percentage points year-on-year to 1%[4] - Midstream production is mixed, with soda ash operating rates up by 0.4 percentage points to -3% and polyester filament operating rates up by 0.4 percentage points to 3.8%[4] - Cement grinding rates decreased by 3.6 percentage points year-on-year to 4.6%, indicating weak construction activity[4] Group 2: Downstream Demand - Port cargo throughput increased by 5.7 percentage points year-on-year to 3.6%, while container throughput rose by 4.1 percentage points to 5.3%[5] - Daily average transaction area of new homes in 30 major cities fell significantly, down by 38.3 percentage points year-on-year to 14.2%[5] - Shipping prices saw a substantial increase, with the CCFI composite index rising by 8% week-on-week, particularly on the US West Coast where rates surged by 14.8%[5] Group 3: Price Trends - Agricultural product prices declined, with egg prices down by 1.5%, fruit prices down by 1.3%, and pork prices down by 0.4%[5] - Industrial product prices showed a rebound, with the Nanhua Industrial Price Index increasing by 3.1% week-on-week, and the energy chemical price index rising by 5.6%[5] - The metal price index decreased slightly by 0.2% week-on-week, indicating mixed trends in industrial commodities[5] Group 4: Risks - Potential risks include unexpected changes in trade conditions, uncertainties in policy responses, and the effectiveness of policy transmission mechanisms[6]

Price Trends in Various Categories - The retail price of rice is 6.55 yuan/kg, showing a month-on-month increase of 0.2% and a year-on-year decrease of 1.1% [1] - The retail price of flour is 6.16 yuan/kg, with a month-on-month increase of 0.2% and a year-on-year decrease of 3.4% [1] - The price of soybean oil is 12.90 yuan/kg, remaining stable with no change month-on-month and a year-on-year decrease of 2.6% [1] - Peanut oil is priced at 28.53 yuan/kg, also stable month-on-month with a year-on-year decrease of 1.5% [1] - Canola oil is at 16.86 yuan/kg, showing a slight month-on-month increase of 0.1% and a year-on-year decrease of 2.7% [1] - Mixed oil is priced at 15.67 yuan/kg, with a month-on-month decrease of 0.1% and a year-on-year decrease of 2.6% [1] Meat and Poultry Prices - The price of pork (hind leg meat) is 28.57 yuan/kg, showing a month-on-month decrease of 0.1% and a year-on-year increase of 3.3% [1] - The price of white strip chicken is 24.87 yuan/kg, with a month-on-month decrease of 0.3% and a year-on-year decrease of 0.6% [1] - Fresh eggs are priced at 10.25 yuan/kg, showing a month-on-month decrease of 0.2% and a year-on-year decrease of 3.8% [1] Aquatic Products Pricing - The price of carp is 21.85 yuan/kg, with a month-on-month increase of 0.7% and a year-on-year decrease of 2.0% [1] - The price of silver carp is 22.40 yuan/kg, showing a month-on-month increase of 0.4% and a year-on-year increase of 8.1% [1] - Grass carp is priced at 22.51 yuan/kg, with a month-on-month increase of 0.4% and a year-on-year increase of 3.8% [1] - Crucian carp is at 29.38 yuan/kg, showing a month-on-month increase of 0.1% and a year-on-year increase of 1.9% [1] - Large hairtail is priced at 47.53 yuan/kg, with a month-on-month decrease of 0.8% and a year-on-year decrease of 1.5% [1] - Large yellow croaker is at 52.21 yuan/kg, showing a month-on-month decrease of 0.4% and a year-on-year increase of 8.5% [1] Vegetable Price Overview - The average price of vegetables is 6.95 yuan/kg, showing a month-on-month decrease of 0.9% and a year-on-year decrease of 8.1% [1] - The top five vegetables with the highest month-on-month price increases include cauliflower (6.42 yuan/kg, +1.9%), carrot (5.46 yuan/kg, +1.5%), lotus root (10.18 yuan/kg, +1.3%), asparagus lettuce (6.06 yuan/kg, +1.0%), and yam (11.49 yuan/kg, +0.9%) [1] - The top five vegetables with the largest month-on-month price decreases include onion (4.36 yuan/kg, -3.3%), cucumber (5.98 yuan/kg, -3.1%), lettuce (6.52 yuan/kg, -2.8%), chives (7.83 yuan/kg, -2.6%), and winter melon (4.56 yuan/kg, -2.4%) [1]