1. Report Industry Investment Rating - No investment rating provided in the report 2. Report's Core View - Summer seasonal fresh fruits replace red dates, leading to a seasonal off - peak in red date demand, slow inventory digestion, and high old - crop inventory. The new - season crop is at a critical fruiting stage, and the market focuses on the weather in producing areas. Some Xinjiang producing areas have relatively good growth of jujube trees, and the production reduction may be less than expected, but high - temperature weather in Xinjiang in the next few days requires attention to the second - crop flowers and fruits. It is recommended to wait and see [2] 3. Summary by Relevant Catalogs 3.1 Futures Market - The closing price of the main futures contract for red dates is 10595 yuan/ton, with a change of 105, and the main contract position is 132685 hands, an increase of 377 hands. The net long position of the top 20 futures is - 3443 hands, and the number of warehouse receipts is 8912, with no change. The effective warehouse receipt forecast is 1448 [2] 3.2 Spot Market - The wholesale price of first - grade grey dates in Hebei is 4.35 yuan/jin, and in Henan is also 4.35 yuan/jin, with no change. The wholesale price of red dates in different regions such as Kashgar, Alar, and Aksu has no change, and the prices of special - grade and first - grade red dates in different regions also remain stable [2] 3.3 Upstream Market - The annual output of red dates is 318.7 million tons, and the planting area is 199.3 million hectares, a decrease of 4.1 million hectares [2] 3.4 Industry Situation - The national red date inventory is 10320 tons, a decrease of 110 tons compared to last week, a 1.05% decrease, and a 74.89% increase year - on - year. The monthly export volume of red dates is 1765107 kg, a decrease of 464120 kg, and the cumulative monthly export volume is 17115674 kg [2] 3.5 Downstream Situation - The wholesale price of red dates in the Hexi Agricultural and Sideline Products Market in Taiyuan, Shanxi is 1.47 yuan/kg, a decrease of 8. The cumulative quarterly sales volume of red dates of好想你is 36480.43 tons, a decrease of 2981.06 tons, and the cumulative quarterly production year - on - year is - 34.59% [2] 3.6 Industry News - On July 23, the temperature in Aksu was 24 - 37°C, and jujube farmers were actively managing the fields. The jujube trees were in the physiological fruit - dropping stage. The main red date 2601 contract rose 1.48% on Wednesday. The physical inventory of 36 sample points last week was 10320 tons, a 1.05% decrease compared to the previous week and a 74.89% increase year - on - year [2]