| 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) | 8830 | 10 主力合约持仓量:红枣(日,手) | 128307 | -215 -12 | | | 期货前20名持仓:净买单量:红枣(日,手) | -17049 | -365 仓单数量:红枣(日,张) | 3313 | | | | 有效仓单预报:红枣:小计(日,张) | 523 | 0 | | | | 现货市场 | 喀什红枣统货价格(日,元/公斤) | 6.5 | 0 河北一级灰枣批发价格(日,元/斤) | 4.1 | 0 0 0 | | | 阿拉尔红枣统货价格(日,元/公斤) | 5.65 | 0 河南一级灰枣批发价格(日,元/斤) | 4.15 | | | | 阿克苏红枣统货价格(日,单位:元/公斤) | 5.15 | 0 河南红枣特级价格(元/公斤) | 9.44 | | | | 河北红枣特级价格(元/公斤) | 9.25 | 0 广东红枣特级价格(日,元/公斤) | 10 | 0 ...

1. Report Industry Investment Rating - No information provided 2. Core Viewpoints of the Report - The current market focus has shifted to the consumer end. The arrival of goods in the Hebei sales area market has continued this week, with an average of about 7 trucks per day. The goods arriving at the market are mainly off - grade, and the mainstream price tends to be stable. As of January 14, 2026, the physical inventory of 36 sample points of red dates this week was 14,415 tons, a decrease of 885 tons compared with last week, a month - on - month decrease of 5.78%, and a year - on - year increase of 35%. The sample point inventory decreased month - on - month. Currently, red dates have entered the peak stocking period, and the enthusiasm of downstream customers to purchase goods has increased. Attention should be paid to the pre - Spring Festival stocking situation [2] 3. Summary by Relevant Catalogs 3.1 Futures Market - The closing price of the main futures contract for red dates was 8,700 yuan/ton, a decrease of 115 yuan; the main contract's open interest was 40,380 hands; the net long position of the top 20 futures holders was 3,298 hands, a decrease of 80 hands; the number of warehouse receipts was not provided; the total number of valid warehouse receipt forecasts was 324, unchanged [2] 3.2 Spot Market - The prices of red dates in various regions showed different trends. For example, the price of general - grade red dates in Kashgar was 4.1 yuan/kg, in Alar was 4.15 yuan/kg, and in Aksu was 9.44 yuan/kg. The price of first - grade grey dates in Hebei was 0 yuan/jin, and the price of special - grade red dates in Hebei was 10 yuan/kg, a decrease of 0.03 yuan compared with the previous value [2] 3.3 Upstream Market - The annual output of red dates was 199.3 million tons, an increase of 318.7 million tons compared with the previous value; the planting area of red dates was 6.069 million hectares, a decrease of 4.1 million hectares [2] 3.4 Industry Situation - The national red date inventory was 3,537,566 tons, a decrease of 885 tons compared with the previous value; the monthly export volume of red dates was 1,332,346 kg, and the cumulative export volume was 29,291,188 kg [2] 3.5 Downstream Situation - The cumulative sales volume of red dates of Hao Xiang Ni was 1,470 tons, a decrease of 2,981.06 tons compared with the previous value; the cumulative year - on - year production of red dates of Hao Xiang Ni decreased by 34.59%; the average daily number of trucks arriving at the Ruyifang Market was 10.33, a decrease of 0.77 compared with the previous value; the average monthly wholesale price of red dates was 0.46 yuan/kg [2] 3.6 Industry News - Nearly 3 trucks of goods arrived at the parking area of the Cui'erzhuang Market in Hebei, mainly off - grade. Local processing plants mainly processed and shipped their own goods, and holders of goods actively shipped. Downstream customers purchased according to their needs. 8 trucks of goods arrived at the Ruyifang Market in Guangdong, the price remained stable for the time being, and about 3 trucks of goods were traded in the market. The current market focus has shifted to the consumer end [2]

Report Summary 1. Report Industry Investment Rating - Not mentioned in the provided content 2. Core View - The physical inventory of 36 sample points of red dates this week is 15,300 tons, a decrease of 349 tons compared with last week, a month - on - month decrease of 2.23%, and a year - on - year increase of 41.27%. The sample point inventory decreased month - on - month. The acquisition in the producing areas is basically over, and the overall circulation of market goods is stable. Traders commonly hoard raw materials in Xinjiang. As the twelfth lunar month approaches, the festival stocking demand is expected to drive the market into a phased peak of sales. Subsequently, it is necessary to focus on the actual sales speed of the terminal and the inventory performance of channels [2] 3. Summary by Relevant Catalogs 3.1 Futures Market - The closing price of the main futures contract of red dates is 9,160 yuan/ton, the main contract position is 123,832 lots, a decrease of 1,231 lots compared with the previous period; the net buying volume of the top 20 futures positions is - 270 lots, the number of warehouse receipts is 2,820, an increase of 297; the total effective warehouse receipt forecast is 472, a decrease of 143 [2] 3.2现货市场 - The unified price of red dates in Kashgar is 6.5 yuan/kg, the wholesale price of first - grade grey dates in Hebei is 4.1 yuan/jin, the unified price of red dates in Alar is 5.65 yuan/kg, the wholesale price of first - grade grey dates in Henan is 4.15 yuan/jin, the unified price of red dates in Aksu is 5.15 yuan/kg, the price of special - grade red dates in Henan is 9.5 yuan/kg, the price of special - grade red dates in Hebei is 9.52 yuan/kg, the price of special - grade red dates in Guangdong is 10 yuan/kg, and the price of first - grade red dates in Guangdong is 8.8 yuan/kg, all with no change compared with the previous period [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 41,000 hectares compared with the previous period [2] 3.4 Industry Situation - The national red date inventory is 15,300 tons, with a decrease of 349 tons compared with the previous week; the monthly export volume of red dates is 3,537,566 kg, an increase of 1,332,346 kg compared with the previous period; the cumulative export volume of red dates is 29,291,188 kg [2] 3.5 Downstream Situation - The cumulative sales volume of red dates of Hao Xiang Ni is 36,480.43 tons, with a decrease of 2,981.06 tons compared with the previous period; the cumulative year - on - year increase in the output of red dates of Hao Xiang Ni is 1.47%, a decrease of 34.59 percentage points compared with the previous period. The average daily arrival volume of red dates in Ruyifang Market is 0.8 vehicles, and the monthly average wholesale price of red dates is 10.33 yuan/kg, an increase of 0.46 yuan/kg compared with the previous period [2] 3.6 Industry News - In the parking area of Hebei Cuierzhuang Market, more than 20 vehicles arrived, mainly with sub - standard products and a small amount of finished products. Merchants purchased according to demand, and the price remained stable. In Guangdong Ruyifang Market, 13 vehicles arrived, and some arrival prices were relatively low. The market supply was sufficient, and about 2 vehicles were traded in the morning market. The acquisition of Xinjiang grey dates is over, and the market focus has shifted to the consumer end [2]

Report Investment Rating - No investment rating information is provided in the report [1][2] Core View - The acquisition of grey jujubes in Xinjiang's production areas has ended, with limited remaining supply and few transactions. Raw material purchases in production areas are based on quality, adhering to the principle of better quality commanding higher prices. In the sales areas, the Hebei Cuierzhuang market has received both finished and sub - standard jujubes, with local processors mainly selling their own processed products and holders actively selling. Downstream merchants make purchases as needed. The Guangdong Ruyifang market mainly receives supplies from Xinjiang, with average transactions. Overall, the market supply is sufficient, but the "peak season without peak demand" situation persists, and short - term weakness is expected to continue [2] Summary by Directory Futures Market - The closing price of the main futures contract for jujubes is 8,975 yuan/ton, with a week - on - week increase of 20. The main contract's open interest is 114,030 lots, up 995. The net long position of the top 20 futures holders is - 15,648 lots, up 965. The number of warehouse receipts is 2,105, up 3. The total valid warehouse receipt forecasts are 852, up 341 [2] Spot Market - The prices of Kashgar jujube bulk goods, Hebei first - grade grey jujubes, Alar jujube bulk goods, and Aksu jujube bulk goods remain unchanged at 6.5 yuan/kg, 4.1 yuan/jin, 5.65 yuan/kg, and 5.15 yuan/kg respectively. The wholesale prices of first - grade grey jujubes in Henan and Hebei, and the prices of special - grade jujubes in Henan, Hebei, and Guangdong, as well as the price of first - grade jujubes in Guangdong, have either decreased or remained stable. The price of Henan first - grade grey jujubes decreased by 0.2 yuan/jin to 4.15 yuan/jin, and the price of Henan special - grade jujubes decreased by 0.2 yuan/kg to 9.5 yuan/kg [2] Upstream Market - The annual jujube production is 6.069 million tons, an increase of 3.187 million tons. The jujube planting area is 1.993 million hectares, a decrease of 41,000 hectares [2] Industry Situation - The national jujube inventory is 15,649 tons, a decrease of 249 tons. The monthly jujube export volume is 3,537,566 kg, an increase of 1,332,346 kg. The cumulative monthly jujube export volume is 29,291,188 kg, an increase of 3,537,566 kg [2] Downstream Situation - The cumulative quarterly sales volume of "Hao Xiang Ni" jujubes is 36,480.43 tons, a decrease of 2,981.06 tons. The cumulative year - on - year jujube production growth rate is 1.47%, a decrease of 34.59 percentage points. The average daily number of trucks arriving at the Ruyifang market is 5.4, an increase of 1.27. The monthly average wholesale price of jujubes is 10.33 yuan/kg, an increase of 0.46 yuan/kg [2] Industry News - Five trucks of jujubes have arrived at the Hebei Cuierzhuang market, including both sub - standard and finished products. Local processors mainly sell their own processed products, holders are actively selling, and downstream merchants make purchases as needed. Seven trucks of jujubes have arrived at the Guangdong Ruyifang market, mainly from Xinjiang. Some arrival prices are low, the market trading atmosphere is average, downstream merchants make purchases as needed, and the sales area prices have declined compared to pre - holiday levels [2]

Report Summary 1. Report Industry Investment Rating No investment rating is provided in the report. 2. Core View of the Report The overall supply of red dates is relatively loose due to the carry - over inventory of old dates and new - season supply, while downstream consumption lacks highlights. There is no obvious increase in the deep - processing and terminal markets. With about 2 months until the Spring Festival, short - term supply is abundant and demand has not improved significantly. It is expected that the price of red dates will continue to be weak. Attention should be paid to the consumption situation during the peak season. [2] 3. Summary According to Relevant Catalogs 3.1 Futures Market - The closing price of the main futures contract for red dates is 8,920 yuan/ton, with a decrease of 5 yuan compared to the previous period. The main contract's open interest is 123,674 lots. - The net long position of the top 20 futures holders is - 10,403 lots, a decrease of 538 lots. The number of warehouse receipts is 982, and the total number of valid warehouse receipt forecasts is 1,145. [2] 3.2 Spot Market - The prices of red dates in various regions are as follows: the unified price of red dates in Kashgar is 6.5 yuan/kg; the wholesale price of first - grade grey dates in Hebei is 4.4 yuan/jin; the unified price of red dates in Alar is 5.65 yuan/kg; the wholesale price of first - grade grey dates in Henan is 4.45 yuan/jin; the price of special - grade red dates in Henan is 5.15 yuan/kg; the price of special - grade red dates in Hebei is 9.65 yuan/kg, a decrease of 0.02 yuan; the price of special - grade red dates in Guangdong is 10.6 yuan/kg; the price of first - grade red dates in Guangdong is 9.5 yuan/kg. [2] 3.3 Upstream Market - The annual output of red dates is 606.9 million tons, a decrease of 318.7 million tons compared to the previous period. The planting area is 1.993 million hectares. [2] 3.4 Industry Situation - The national red date inventory is 15,790 tons this week, an increase of 1,880 tons compared to last week, with a month - on - month increase of 13.52% and a year - on - year increase of 22.01%. - The monthly export volume of red dates is 2,205,220 kg, and the cumulative monthly export volume is 25,753,622 kg. [2] 3.5 Downstream Situation - The cumulative quarterly sales volume of red dates of Hao Xiang Ni decreased by 2,981.06 tons. The cumulative quarterly year - on - year production of red dates of Hao Xiang Ni increased by 36,480.43% (1.47% increase compared to the previous period). [2] 3.6 Industry News - In the Hebei Cuierzhuang market, there are 10 trucks in the parking area. The arrivals are mainly sub - standard and finished products. After the new - season harvest, raw materials are gradually being processed in factories. The procurement cost for merchants is clear, and downstream buyers purchase as needed. - In the Guangdong Ruyifang market, 6 trucks of goods have arrived. Some of the goods have average quality, with the reference price for special - grade being 9.50 yuan/kg and first - grade being 8.30 yuan/kg. Downstream merchants purchase as needed, and about 2 trucks of goods are traded. [2]

1. Report Industry Investment Ratings There is no information provided regarding the industry investment ratings in the given reports. 2. Core Views of the Reports 2.1 Oils and Fats Industry - Palm oil: SPPOMA's production data decline supports the market. Malaysian BMD futures may rebound near 3900 ringgit, with a near - weak and far - strong pattern. Domestic Dalian palm oil may find support around 8300 yuan and could fluctuate between 8200 - 8300 yuan [1]. - Soybean oil: Uncertainty in US biodiesel policy may reduce industrial use. Brazilian soybean harvest may pressure CBOT soybean and soybean oil. Domestic supply is sufficient in the short - term, but inventory may decrease during the Spring Festival, with limited basis fluctuation [1]. - Rapeseed oil: US crude oil price movements affect the domestic vegetable oil market. Watch if the 05 contract can stop falling between 8900 - 9000 yuan. Spot prices fluctuate slightly [1]. 2.2 Pig Industry - Spot prices are stable, with increased southern pickling demand. December - January prices are uncertain due to potential pandemic impact and secondary fattening. Spot market has some support from farmers' reluctance to sell. The futures market may adjust narrowly [3]. 2.3 Sugar Industry - ICE raw sugar futures are under pressure due to a favorable supply outlook. Brazilian, Indian, and Thai sugar production is expected to increase. Domestic sugar futures are weak due to increased supply, and prices are likely to remain bearish [7]. 2.4 Meal Industry - US soybeans lack trading highlights, and South American new - crop soybeans have a high yield expectation. Domestic soybean meal supply is loose, and the one - to - five spread is supported, but the upside is limited [9]. 2.5 Corn Industry - Short - term corn supply increase may pressure prices, but farmers' reluctance to sell and low - inventory enterprises' restocking needs limit the decline. The market is in a narrow - range oscillation [10]. 2.6 Red Date Industry - After the acquisition, the sales area has more arrivals but lower - than - expected transactions. Futures prices are weak, while spot prices are stable, and the basis is strengthening. The market may be boosted by improved consumption during the peak season [17]. 2.7 Cotton Industry - ICE cotton futures rose due to short - covering. US cotton exports showed a mixed trend. Domestic cotton has a long - term optimistic outlook but faces short - term downstream pressure. The price may face resistance around 14050 - 14100 yuan [21]. 2.8 Egg Industry - Egg prices are rising gradually, leading to farmers' reluctance to sell. Supply remains sufficient, with stable production and reduced circulation inventory. The market is expected to oscillate at a low level [23]. 3. Summaries by Related Catalogs 3.1 Oils and Fats Industry 3.1.1 Price Changes - Soybean oil: Spot price in Jiangsu dropped to 8460 yuan, futures price (Y2605) to 8096 yuan, basis increased by 7.69% [1]. - Palm oil: Spot price in Guangdong dropped to 8380 yuan, futures price (P2605) to 8398 yuan, basis increased by 60.87% [1]. - Rapeseed oil: Spot price in Jiangsu dropped to 9570 yuan, futures price (O1605) to 9157 yuan, basis increased by 19.71% [1]. 3.1.2 Spread Changes - Inter - month spreads of soybean oil, palm oil, and rapeseed oil all decreased [1]. - Spreads between different oils also changed, such as the soybean - palm oil spread and the rapeseed - soybean oil spread [1]. 3.2 Pig Industry 3.2.1 Futures and Spot Prices - Futures prices of different contracts (e.g., 2605, 2603) increased slightly. Spot prices in various regions had different changes, with an overall upward trend in some areas [3]. 3.2.2 Industry Indicators - Slaughter volume increased by 2.48%, while some prices (e.g., daily strip price, piglet price) decreased slightly. Breeding profits improved [3]. 3.3 Sugar Industry 3.3.1 Futures and Spot Markets - Domestic futures prices of sugar showed a weakening trend, and spot prices in Nanning and Kunming decreased. Import sugar prices also declined [7]. 3.3.2 Industry Situation - National and regional sugar production and sales data changed significantly, with a decrease in production and sales in some areas and an increase in imports [7]. 3.4 Meal Industry 3.4.1 Price and Basis Changes - Domestic soybean meal and rapeseed meal prices had different trends, with basis changes. Imported soybean prices were stable, and the basis of some contracts increased [9]. 3.4.2 Market Factors - US soybean is under pressure from South American supply. Domestic soybean meal supply is loose, and market sentiment affects the spread [9]. 3.5 Corn Industry 3.5.1 Price and Inventory Changes - Corn futures and spot prices decreased slightly, and inventory in some warehouses and the number of warehouse receipts decreased. Corn starch futures price increased slightly [10]. 3.5.2 Market Situation - Supply and demand factors, such as farmers' selling behavior and enterprises' procurement, affect the corn market, resulting in a narrow - range oscillation [10]. 3.6 Red Date Industry 3.6.1 Price and Position Changes - Futures prices of red dates decreased slightly, and spot prices in Cangzhou had different trends. The position and the number of warehouse receipts increased [14]. 3.6.2 Market Situation - Sales area arrivals are high, but transactions are lower than expected. The market is weak in the short - term, with potential improvement during the consumption peak [17]. 3.7 Cotton Industry 3.7.1 Futures and Spot Prices - Domestic cotton futures prices decreased slightly, and spot prices increased slightly. ICE cotton futures rose [21]. 3.7.2 Industry Indicators - Commercial and industrial inventories, import volume, and other indicators changed, with downstream inventory accumulation and marginal profit deterioration [21]. 3.8 Egg Industry 3.8.1 Price and Basis Changes - Egg futures prices decreased, and the basis increased. Egg - related prices (e.g., egg - chick price, culled - hen price) had different trends [23]. 3.8.2 Market Situation - Egg supply is sufficient, with stable production and reduced circulation inventory. The market is expected to oscillate at a low level [23].

1. Report Industry Investment Rating - No relevant content provided 2. Core Viewpoints - The physical inventory of 36 sample points of red dates this week was 15,790 tons, an increase of 1,880 tons from last week, a month - on - month increase of 13.52% and a year - on - year increase of 22.01%. The inventory of sample points increased month - on - month. In the 2025 production season, the acquisition structure of grey dates was scattered. The acquisition cycle of large enterprises was limited, and some large enterprises did not conduct harvesting. Most of the货源 was concentrated in the hands of small and medium - sized merchants in the inland areas. With the carry - over inventory of old dates and the new - season supply, the overall supply of red dates was relatively loose. The downstream consumption lacked highlights, and there was hardly any obvious increase in the deep - processing and terminal markets. There were still 2 months until the Spring Festival, and the consumption situation during the peak season should be monitored [2] 3. Summary by Relevant Catalogs 3.1 Futures Market - The closing price of the main futures contract of red dates was 8,965 yuan/ton, a decrease of 60 yuan; the position of the main contract was 119,763 lots, an increase of 294 lots; the net long position of the top 20 futures holders was - 8,556 lots, an increase of 347 lots; the number of warehouse receipts was 883, unchanged; the total number of effective warehouse receipt forecasts was 1,134, an increase of 365 [2] 3.2现货市场 - The prices of red dates in various regions were mostly stable. The unified price of red dates in Kashgar was 6.5 yuan/kg; the wholesale price of first - grade grey dates in Hebei was 4.4 yuan/jin; the unified price of red dates in Alar was 5.65 yuan/kg; the wholesale price of first - grade grey dates in Henan was 4.45 yuan/jin; the price of special - grade red dates in Henan was 9.9 yuan/kg; the price of special - grade red dates in Hebei was 9.76 yuan/kg, a decrease of 0.01 yuan; the price of special - grade red dates in Guangdong was 10.6 yuan/kg; the price of first - grade red dates in Guangdong was 9.5 yuan/kg [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 was 15,790 tons, an increase of 1,880 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 was 36,480.43 tons, a decrease of 2,981.06 tons. The cumulative year - on - year increase in the output of red dates of Hao Xiang Ni was 1.47%, a decrease of 34.59 percentage points [2] 3.6 Industry News - In the Cui'erzhuang market in Hebei, 14 trucks arrived at the parking area, with an increase in arrivals mainly consisting of sub - standard products. After the new - season harvest, the raw materials were gradually returned to the factory for processing. The procurement cost of merchants was clear, and downstream customers purchased according to demand. In the Ruyifang market in Guangdong, 3 trucks arrived, and the mainstream arrival prices in the market were stable. Downstream merchants took goods according to demand. With the progress of the new red date harvest, the output of each production area was gradually becoming clear [2]

1. Report Industry Investment Rating - There is no information about the industry investment rating in the report. 2. Core View of the Report - As the new jujube harvest progresses, the production in each producing area is becoming clearer. As of December 11, 2025, the physical inventory of 36 sample points of jujubes this week was 15,790 tons, an increase of 1,880 tons from last week, a month - on - month increase of 13.52% and a year - on - year increase of 22.01%. The inventory of sample points increased month - on - month. In the 2025 production season, the acquisition structure of grey jujubes was scattered, large enterprises had a limited acquisition cycle, some large enterprises did not conduct harvesting, and most of the goods were concentrated in the hands of small and medium - sized merchants in the inland. With the carry - over inventory of old jujubes and the new supply, the overall jujube supply was relatively loose, while downstream consumption lacked highlights. There was little obvious increase in the deep - processing and terminal markets. With two months until the Spring Festival, the peak - season consumption situation should be monitored [2]. 3. Summary According to Relevant Catalogs 3.1 Futures Market - The closing price of the main futures contract for jujubes was 9,025 yuan/ton, the main contract position was 119,469 lots (a decrease of 5,836 lots), the net long position of the top 20 futures holders was - 8,903 lots, the number of warehouse receipts was 883 (unchanged), and the total valid warehouse receipt forecast for jujubes was 769 [2]. 3.2 Spot Market - The prices of jujube varieties in different regions remained stable. For example, the unified price of Kashgar jujubes was 6.5 yuan/kg, the wholesale price of first - grade grey jujubes in Hebei was 4.4 yuan/jin, and the price of special - grade jujubes in Guangdong was 10.6 yuan/kg [2]. 3.3 Upstream Market - The annual jujube production was 318.7 million tons, and the planting area was 199.3 million hectares (a decrease of 4.1 million hectares) [2]. 3.4 Industry Situation - The national jujube inventory was 15,790 tons (a weekly increase of 1,880 tons), the monthly jujube export volume was 2,205,220 kg (a decrease of 78,451 kg), and the cumulative monthly jujube export volume was 25,753,622 kg [2]. 3.5 Downstream Situation - The cumulative sales volume of jujubes of Hao Xiang Ni was 36,480.43 tons, and the cumulative year - on - year production growth rate was 1.47% (a decrease of 34.59 percentage points) [2]. 3.6 Industry News - The acquisition of grey jujubes in Xinjiang producing areas was nearing completion. There was little remaining and tradable supply in each producing area. The mainstream prices of general - grade jujubes in different areas were as follows: 5.00 - 5.30 yuan/kg in Aksu, 5.50 - 5.80 yuan/kg in Alar, 6.20 - 6.80 yuan/kg in Kashgar, and 6.00 - 6.30 yuan/kg in Makit. The raw material acquisition in the producing areas was priced according to quality, adhering to the principle of high - quality products at high prices [2].

Report Overview - The report is a daily report on the jujube industry dated October 29, 2025 [1] Industry Investment Rating - Not provided Core Viewpoints - The supply - side pressure in the jujube market will gradually emerge, and the probability of jujube prices continuing to decline increases. Attention should be paid to the mainstream purchase price and quality of new jujubes [2] Summary by Directory Futures Market - The closing price of the jujube futures main contract is 10,495 yuan/ton, with a ring - growth of 80 yuan/ton. The main contract's open interest is 184,472 lots, a decrease of 1,088 lots. The net long position of the top 20 futures holders is - 7,079 lots, an increase of 2,397 lots. The number of warehouse receipts is 0, and the total valid warehouse receipt forecast is 0 [2] Spot Market - The prices of jujube in different regions are as follows: the price of Kashgar jujube bulk goods is 7.5 yuan/kg; the wholesale price of Hebei first - grade gray jujube is 4.8 yuan/jin; the price of Alar jujube bulk goods is 7.15 yuan/kg; the wholesale price of Henan first - grade gray jujube is 4.75 yuan/jin; the price of Aksu jujube bulk goods is 6.75 yuan/kg; the price of Henan special - grade jujube is 10.5 yuan/kg; the price of Hebei special - grade jujube is 10.48 yuan/kg, a decrease of 0.07 yuan/kg; the price of Guangdong special - grade jujube is 11.6 yuan/kg; the price of Guangdong first - grade jujube is 10.6 yuan/kg [2] 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] Industry Situation - The national jujube inventory is 9,103 tons, an increase of 94 tons compared to last week, a month - on - month decrease of 1.04%, and a year - on - year increase of 109.22%. The monthly jujube export volume is 2,283,671 kg, a decrease of 81,222 kg. The cumulative monthly jujube export volume is 23,548,402 kg, an increase of 2,283,671 kg [2] Downstream Situation - The cumulative sales volume of Hao Xiang Ni's jujubes is 36,480.43 tons, and the cumulative year - on - year production growth rate is 1.47%. The cumulative sales volume of Hao Xiang Ni's jujubes decreased by 2,981.06 tons, and the cumulative year - on - year sales growth rate decreased by 34.59% [2] Industry News - The mainstream prices of jujube bulk goods in different regions are: 6.50 - 7.00 yuan/kg in Aksu, 6.80 - 7.50 yuan/kg in Alar, some guaranteed prices in Kashgar are 7.50 yuan/kg, 8.50 - 10.00 yuan/kg in Ruoqiang, 8.00 - 8.50 yuan/kg in Hotan, and 7.50 - 8.50 yuan/kg in Qiemo. The procurement in Hotan and Qiemo is almost finished, and the raw material procurement in the production area is based on quality, following the principle of high - quality products at high prices [2] Viewpoint Summary - As of October 23, 2025, the physical inventory of 36 sample points of jujubes this week is 9,103 tons, an increase of 94 tons compared to last week, a month - on - month decrease of 1.04%, and a year - on - year increase of 109.22%. The new - season jujubes have not been concentratedly picked, but inland jujube merchants have gone to the production areas to purchase goods. Some merchants are actively ordering new - season raw materials, while some are purchasing old jujubes [2]

Report Summary 1. Report Industry Investment Rating - Not provided in the content 2. Core View - The probability of the jujube price continuing to decline increases as the supply - side pressure will gradually emerge in the future market. Attention should be paid to the mainstream purchase price and quality of new jujubes [2] 3. Summary by Relevant Catalogs Futures Market - The closing price of the main jujube futures contract is 10,390 yuan/ton, down 360 yuan; the main contract's open interest is 185,516 lots, down 2,314 lots; the net long position of the top 20 futures holders is - 4,828 lots, up 5,613 lots; the number of warehouse receipts is 0; the total effective warehouse receipt forecast is 0 [2] Spot Market - The unified price of Kashi jujubes is 7.5 yuan/kg, unchanged; the wholesale price of first - class Hebei gray jujubes is 4.8 yuan/jin, up 0.05 yuan; the unified price of Alar jujubes is 7.15 yuan/kg, unchanged; the wholesale price of first - class Henan gray jujubes is 4.75 yuan/jin; the unified price of Aksu jujubes is 6.75 yuan/kg, unchanged; the price of Henan's special - grade jujubes is 10.5 yuan/kg, unchanged; the price of Hebei's special - grade jujubes is 10.64 yuan/kg, down 0.01 yuan; the price of Guangdong's special - grade jujubes is 11.6 yuan/kg, unchanged; the price of Guangdong's first - class jujubes is 10.6 yuan/kg, unchanged [2] Upstream Market - The annual jujube output is 6.069 million tons, up 3.187 million tons; the jujube planting area is 1.993 million hectares, down 41,000 hectares [2] Industry Situation - The national jujube inventory is 9,103 tons, up 94 tons; the monthly jujube export volume is 2,283,671 kg, down 81,222 kg; the cumulative monthly jujube export volume is 23,548,402 kg, up 2,283,671 kg [2] Downstream Situation - The cumulative quarterly jujube sales volume of HaoXiangNi is - 2,981.06 tons; the cumulative quarterly jujube output of HaoXiangNi is 36,480.43 tons, with a year - on - year increase of 1.47%; the cumulative quarterly jujube sales volume of HaoXiangNi has a year - on - year decrease of 34.59% [2] Industry News - In the Hebei Cuierzhuang market, a small amount of goods arrived at the parking area, and the prices were stable. A small amount of new goods arrived, with the reference price of special - grade jujubes at 11.50 yuan/kg and first - class jujubes at 10.50 yuan/kg, and the trading was average. In the Guangdong Ruyifang market, 6 trucks of goods arrived, and the prices were stable, with high - quality goods showing a stronger trend, and merchants purchasing according to demand. Affected by the solar terms, the gray jujube harvest time is earlier than last year, and the market focus is on the goods available for making warehouse receipts [2] Viewpoint Summary - As of October 23, 2025, the physical inventory of 36 sample points of jujubes this week is 9,103 tons, an increase of 94 tons from last week, a month - on - month decrease of 1.04%, and a year - on - year increase of 109.22%. The new - season jujubes have not been fully harvested, but inland jujube merchants have gone to the production areas to purchase goods. Some merchants are actively ordering new - season raw materials, and some are purchasing old - season jujubes. The purchase progress in Hotan and Qiemo areas is relatively fast [2]