瑞达期货研究院 「2026.01.09」 红枣市场周报 研究员：王翠冰 期货从业资格号F03139616 期货投资咨询从业证Z0021556 取 更 多 资 讯 添加客服 关 注 我 们 获 业务咨询 目录 1、周度要点小结 2、期现市场 3、产业情况 4、期权市场及期股关联 「 周度要点小结」 未来交易提示： 1、现货价格2、消费端 3 行情回顾：本周郑枣主力合约价格上涨，周度涨幅约2.06%。 行情展望：新疆灰枣收购告一段落，市场焦点开始转至消费端。据 Mysteel 农产 品调研数据统计，截至2026年1月8日红枣本周36家样本点物理库存在15300吨， 较上周减少349吨，环比减少2.23%，同比增加41.27%，样本点库存环比下降。产 区收购基本结束，市场货源流转整体平稳。贸易商在疆内囤原料现象较为普遍。 随着腊月临近，节日备货需求预计将带动市场进入阶段性走货高峰，后续需重 点关注终端实际走货速度及渠道去库表现。 「 期现市场情况」 本周红枣期货价格走势 图1、郑枣主力合约价格走势 | | M红枣2605 CJ605 | | | | --- | --- | --- | --- | | ਝੇਜ | 9 ...

红枣产业日报 2026-01-07 的持续性。 研究员: 王翠冰 期货从业资格号F03139616 期货投资咨询从业证书号Z0021556 免责声明 本报告中的信息均来源于公开可获得资料，瑞达期货股份有限公司力求准确可靠，但对这些信息的准确性及完整性不做任 何保证，据此投资，责任自负。本报告不构成个人投资建议，客户应考虑本报告中的任何意见或建议是否符合其特定状况。本 报告版权仅为我公司所有，未经书面许可，任何机构和个人不得以任何形式翻版、复制和发布。如引用、刊发，需注明出处为 瑞达期货股份有限公司研究院，且不得对本报告进行有悖原意的引用、删节和修改。 | 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) | 9150 | 175 主力合约持仓量:红枣(日,手) | 118101 | 4071 158 | | | 期货前20名持仓:净买单量:红枣(日,手) | -20431 | -4108 仓单数量:红枣(日,张) | 2263 | | | | 有效仓 ...

瑞达期货研究院 「2025.12.31」 红枣市场周报 研究员：王翠冰 期货从业资格号F03139616 期货投资咨询从业证Z0021556 取 更 多 资 讯 关 注 我 们 获 业务咨询 添加客服 目录 1、周度要点小结 2、期现市场 3、产业情况 4、期权市场及期股关联 「 周度要点小结」 未来交易提示： 1、现货价格2、消费端 图1、郑枣主力合约价格走势 | | | M红枣2605 CJ605 | | | | --- | --- | --- | --- | --- | | | ਝੇਜ | 8970 | 22 | | | | 买入 | 8965 | 39 | | | | 最新 | 8965 涨跌 | | -45/0.50% | | | 现手 | 1 :速涨 | | -0.06% | | | 员量 | 73477 : 开盘 | | 9005 | | | 持仓 | 112356 最高 | | 9055 | | | 日增 | -2254 最低 | | 8960 | | | 外盘 | ... 33800 结算价→ | | 9005 | | | 比例 | . . 46.0% BEH文 | | 9020 | | | ...

瑞达期货研究院 关 注 我 们 获 业务咨询 添加客服 目录 1、周度要点小结 2、期现市场 3、产业情况 4、期权市场及期股关联 「 周度要点小结」 「2025.12.26」 红枣市场周报 研究员：王翠冰 期货从业资格号F03139616 期货投资咨询从业证Z0021556 取 更 多 资 讯 未来交易提示： 1、现货价格2、消费端 3 行情回顾：本周郑枣主力合约价格上涨，周度涨幅约0.96%。 行情展望：从当前供需情况来看，尤其是等外品供应明显增多。据 Mysteel 农产 品调研数据统计，截止2025年12月25日红枣本周36家样本点物理库存在15898 吨，较上周减少210吨，环比减少1.30%，同比增加37.17%，样本点库存环比下降。 新疆产区收购步入尾声，剩余货源不多。新疆及内地加工企业正积极安排生产、 加快出货节奏，市场到货量逐步增加。销区整体走货态势保持平稳，未出现大 幅波动，但销区市场开始转入旺季消费，市场到货量增加，短期枣价跌势或暂 缓。 「 期现市场情况」 本周红枣期货价格走势 图1、郑枣主力合约价格走势 | | | M红枣2605 CJ605 | | | | --- | --- | ...

| 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) | 8750 | -70 主力合约持仓量:红枣(日,手) | 129269 | 3667 0 | | | 期货前20名持仓:净买单量:红枣(日,手) | -14157 | 431 仓单数量:红枣(日,张) | 1092 | | | | 有效仓单预报:红枣:小计(日,张) | 1069 | 34 | | | | 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) | 4.2 | -0.15 | | | 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) | 4.35 | -0.1 | | | 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) | 9.7 | -0.2 | | | 河北红枣特级价格(元/公斤) | 9.56 | -0.02 广东红枣特级价格(日,元/ ...

Report Overview - Report Title: Red Date Market Weekly Report [2] - Report Date: December 19, 2025 [2] - Researcher: Wang Cuibing [3] 1. Report Industry Investment Rating - Not provided in the report 2. Core Viewpoints - This week, the price of the main contract of Zhengzhou red dates futures fell by about 0.34%. The Xinjiang procurement is nearing completion, and the follow - up market trend depends on the peak - season consumption performance. If the terminal demand is released as expected, the inventory clearance speed may accelerate and support the market to stabilize; otherwise, the inventory pressure may increase. With short - term supply being loose and demand showing no obvious improvement, the red date price is expected to remain weak [9][10] 3. Summary by Directory 3.1 Week - to - Week Summary - Future trading tips include monitoring spot prices and the consumer side - The price of the main contract of Zhengzhou red dates futures fell by about 0.34% this week - As of December 18, 2025, the physical inventory of 36 sample points of red dates was 16,108 tons, an increase of 318 tons from last week, a 2.01% week - on - week increase and a 34.68% year - on - year increase [9] 3.2 Futures and Spot Market - **Futures price**: The price of the Zhengzhou red dates 2605 contract fell by about 0.34% this week [10] - **Top 20 futures positions**: As of this week, the net position of the top 20 in red dates futures was - 10,420 lots [14] - **Futures warehouse receipts**: As of this week, the number of Zhengzhou red dates warehouse receipts was 1,092 [18] - **Futures price spread**: As of this week, the price spread between the Zhengzhou Commodity Exchange red dates 2605 contract and the 2609 contract was - 310 yuan/ton [21] - **Basis**: As of this week, the basis between the Hebei gray date spot price and the main contract of red dates futures was 735 yuan/ton [24] - **Procurement price in the main production area**: As of December 19, 2025, the unified purchase price of red dates in Aksu was 5.15 yuan/kg, in Alar was 5.65 yuan/kg, and in Kashgar was 6.5 yuan/kg [27] - **First - grade red date spot price**: As of December 19, 2025, the wholesale price of first - grade gray dates in Cangzhou, Hebei was 4.35 yuan/jin, and in Henan was 4.45 yuan/jin [31] - **Super - grade red date spot price**: As of December 19, 2025, the spot price of super - grade gray dates in Cangzhou, Hebei was 9.63 yuan/kg, and the wholesale price in Henan was 9.9 yuan/kg [35] 3.3 Industry Chain Situation - **Supply side - Inventory**: As of December 18, 2025, the physical inventory of 36 sample points of red dates was 16,108 tons, an increase of 318 tons from last week, a 2.01% week - on - week increase and a 34.68% year - on - year increase [40] - **Supply side - Production decline**: The red date production in the 2025/26 season is expected to decline [44] - **Demand side - Export**: In October 2025, China's red date export volume was 2,205,220 kg, the export value was 35,238,139 yuan, and the export average price was 15,979.42 yuan/ton. The export volume decreased by 3.44% month - on - month and 33.29% year - on - year. From January to October 2025, the cumulative export volume was 25,753,622 kg, a 0.18% year - on - year increase [48] - **Demand side - BOCE trading**: This week, the BOCE Xinjiang red date "Good Brand" had a small amount of trading in orders [53] 3.4 Options Market and Futures - Stock Correlation - **Options market**: The implied volatility of at - the - money options for red dates this week is presented in the report, but specific data is not summarized [54] - **Stock market - Haoxiangni**: The report shows the price - earnings ratio chart of Haoxiangni, but no specific data is summarized [56]

瑞达期货研究院 「2025.12.12」 红枣市场周报 研究员：王翠冰 期货从业资格号F03139616 期货投资咨询从业证Z0021556 取 更 多 资 讯 关 注 我 们 获 业务咨询 添加客服 目录 1、周度要点小结 2、期现市场 3、产业情况 4、期权市场及期股关联 「 周度要点小结」 行情回顾：本周郑枣主力合约价格下跌，周度跌幅约4.24%。 行情展望：随着新枣采收的进行，各产区产量逐渐趋于明朗。据 Mysteel 农产品 调研数据统计，截止2025年12月11日红枣本周36家样本点物理库存在15790吨， 较上周增加1880吨，环比增加13.52%，同比增加22.01%，样本点库存环比增加。 2025产季灰枣收购结构分散，大型企业收购周期有限，部分大型企业未进行采 收，多数货源集中在内地中小客商手中。陈枣结转库存叠加新季供应，整体红 枣供应面偏宽松，下游消费缺乏亮点，深加工及终端市场难有明显增量，距离 春节尚有2个月时间，关注旺季消费情况。 「 期现市场情况」 本周红枣期货价格走势 未来交易提示： 1、现货价格2、消费端 3 图1、郑枣主力合约价格走势 来源：郑商所 瑞达期货研究院 本周郑枣26 ...

| 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) | 9030 | -25 主力合约持仓量:红枣(日,手) | 88405 | -2618 | | | 期货前20名持仓:净买单量:红枣(日,手) | -13350 | 2244 仓单数量:红枣(日,张) | 659 | 35 | | | 有效仓单预报:红枣:小计(日,张) | 808 | -12 | | | | 现货市场 | 喀什红枣统货价格(日,元/公斤) | 6.15 | 0 河北一级灰枣批发价格(日,元/斤) | 4.25 | 0 | | | 阿拉尔红枣统货价格(日,元/公斤) | 5.4 | 0 河南一级灰枣批发价格(日,元/斤) | 4.3 | 0 | | | 阿克苏红枣统货价格(日,单位:元/公斤) | 5 | 0 河南红枣特级价格(元/公斤) | 9.8 | 0 | | | 河北红枣特级价格(元/公斤) | 9.76 | 0.01 广东红枣特级价格(日,元/公斤) | 10.8 | ...

Report Summary 1) Report Industry Investment Rating No information provided. 2) Core Viewpoints of the Report - The acquisition progress of gray jujubes in Xinjiang's main production areas has accelerated, with about 50% of the acquisition completed in major areas, and the acquired goods are being shipped. The prices in the production areas are weakly stable. The acquisition prices in Aksu and Alar areas are 4.80 - 5.50 yuan/kg and 5.00 - 6.00 yuan/kg respectively, and the acquisition progress is relatively fast [2]. - As of January 19, 2025, the physical inventory of 36 sample points of jujubes this week is 10,330 tons, an increase of 490 tons from last week, a month - on - month increase of 4.98%, and a year - on - year increase of 101.76%. The sample point inventory has increased [2]. - The product prices in the sales areas continue to decline, the downstream purchasing enthusiasm is low, and the market transactions are average. The Zhengzhou jujube futures price is expected to run at a low level in the short term [2]. 3) Summary by Relevant Catalogs Futures Market - The closing price of the main futures contract for jujubes is 9,160 yuan/ton, with a decrease of 15; the main contract position volume is 113,843 hands, a decrease of 3,396; the net buying volume of the top 20 futures positions is - 10,058 hands, a decrease of 2,997; the number of warehouse receipts is 0, with no change; the effective warehouse receipt forecast is 536 [2]. 现货市场 - The prices of various jujube products in different regions are as follows: the unified price of Kashi jujubes is 6.8 yuan/kg, the first - grade gray jujube wholesale price in Hebei is 4.45 yuan/jin, the unified price of Alar jujubes is 5.5 yuan/kg, the first - grade gray jujube wholesale price in Henan is 4.45 yuan/jin, the unified price of Aksu jujubes is 5.15 yuan/kg, the special - grade jujube price in Henan is 9.8 yuan/kg, the special - grade jujube price in Hebei is 9.94 yuan/kg, the special - grade jujube price in Guangdong is 11.2 yuan/kg, and the first - grade jujube price in Guangdong is 10 yuan/kg. Most prices have no change, and the Hebei special - grade jujube price has an increase of 0.04 [2]. Upstream Market - The annual jujube output is 318.7 million tons, the planting area is 199.3 million hectares, a decrease of 4.1 million hectares [2]. Industry Situation - The national jujube inventory is 10,330 tons this week, an increase of 490 tons; the monthly jujube export volume is 2,205,220 kg, a decrease of 78,451 kg; the cumulative monthly jujube export volume is 25,753,622 kg [2]. 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; the cumulative quarterly year - on - year jujube output growth rate is 1.47%, a decrease of 34.59% [2]. Industry News - The acquisition progress of gray jujubes in Xinjiang's production areas is about 50%, and the transfer volume of goods rights is about 30% of the total output. The prices in the production areas are weakly stable. The acquisition progress in Aksu and Alar areas is relatively fast, and the signed goods are being shipped [2].

成交一般，短期郑枣期价预计低位运行为主。 研究员: 王翠冰 期货从业资格号F03139616 期货投资咨询从业证书号Z0021556 | 数据指标 | | 项目类别 最新 环比 数据指标 最新 | | 环比 | | --- | --- | --- | --- | --- | | 期货主力合约收盘价:红枣(日,元/吨) | | 9175 -50 主力合约持仓量:红枣(日,手) 117239 期货市场 | | -4404 | | 期货前20名持仓:净买单量:红枣(日,手) | | -7061 -3339 仓单数量:红枣(日,张) | 0 | 0 | | 有效仓单预报:红枣:小计(日,张) | | 536 108 | | | | 喀什红枣统货价格(日,元/公斤) | | 6.8 0 河北一级灰枣批发价格(日,元/斤) 现货市场 | 0.1 | 4.45 | | 阿拉尔红枣统货价格(日,元/公斤) | | 5.5 -0.15 河南一级灰枣批发价格(日,元/斤) | 0 | 4.45 | | 阿克苏红枣统货价格(日,单位:元/公斤) | | -0.35 河南红枣特级价格(元/公斤) 5.15 | 0 | 9.8 | | ...