（来源：花生交易网） 原标题：2月7日吉林扶余花生价格行情 来源：花生交易网 | 品种 | 规格 | 价格（元/斤） | 价变 | | --- | --- | --- | --- | | 外调内蒙四粒红 | 统货果 | 3.20-3.50 | 持平 | | 外调内蒙四粒红 | 统货米 | 4.40-4.50 | 持平 | | 新季308 | 统货米 | 4.60-4.70 | 持平 | 308统货米：4.60-4.70元/斤； 提报人： 梁东成 15143899912 吉林省松原市扶余市增盛镇 翻译 搜索 【市场行情】： 吉林扶余产区花生上货量不多，年前交易基本到了收尾阶段，采购商刚需补货，行情价格有稳硬表现。 当地308花生统货米价格4.70元/斤左右。 松原扶余增盛镇： 外调内蒙四粒红统果：3.20-3.50元/斤； 外调内蒙四粒红统米：4.40-4.50元/斤； 备注：以上价格采集自吉林省松原市增盛镇花生市场，为当地主流成交价格。 新浪合作大平台期货开户 安全快捷有保障 复制 ...

1. Report Industry Investment Rating - Not provided in the given content 2. Core Viewpoints of the Report - In January 2026, Henan peanuts rose while Northeast peanuts fell, narrowing the price difference between the two regions. The supply of oil peanuts was sufficient, the inventory of peanut oil increased, and the profit of peanut oil mills was still good, but the profit margin declined. The opening rate of oil mills increased significantly, and the peanut inventory also increased. The spot price of peanuts was relatively strong, the number of warehouse receipts was still low, and the cost of warehouse receipts was between 7,900 - 8,000 yuan/ton. The peanut futures contracts 03 and 05 bottomed out and rebounded [4]. - In February 2026, the spot price of peanuts will be relatively stable, the purchase of oil mills will also be relatively stable, and the profit of oil mills will remain high. Due to the high price of soybeans, soybean meal and soybean oil will still fluctuate at a high level, while the prices of peanut meal and peanut oil will be relatively stable, and the inventory of oil mills will continue to increase. After February, the import volume of peanuts will increase. It is rumored that the import price of Senegalese peanuts is relatively low, but the cost of warehouse receipts is still high. It is expected that the peanut futures contracts 03 and 05 will fluctuate between 7,800 - 8,200 yuan/ton [5]. 3. Summary by Relevant Catalogs 3.1 International Peanut Situation - Global peanut production has increased, but peanut imports have decreased significantly. According to FAS data, the global peanut production in 2025 is expected to be 51.78 million tons, including 19 million tons in China, 7.35 million tons in India, 3.4 million tons in the United States, 1.8 million tons in Senegal, and 1 million tons in Sudan. The latest data from the US Department of Agriculture shows that the global peanut production in 2025 is 52.36 million tons, with about 19 million tons in China, 7.5 million tons in India, 3.39 million tons in the United States, and 5.24 million tons in Nigeria. In 2025, the global peanut crushing volume was 19.3 million tons, accounting for 37.3%, and the global export volume of peanuts was 4.2 million tons, accounting for 8.1%. Due to the lower - than - expected imports from Sudan and Senegal, China's peanut imports were significantly lower than last year [9]. 3.2 Domestic Peanut Fundamental Situation 3.2.1 Sufficient Supply of Oil Peanuts and Narrowing Price Difference between Northeast and Henan Peanuts - In January, the price of Henan peanuts rose, while the price of Northeast peanuts fell, narrowing the price difference between the two regions. The price of Zhengyang peanuts in Henan rose from 3.6 yuan/jin at the beginning of January to 3.7 yuan/jin at the end of the month; the price of Shandong peanuts remained stable at 4.2 yuan/jin; the price of peanuts in Fuyu, Jilin and Changtu, Liaoning fell from 4.7 yuan/jin at the beginning of January to 4.6 yuan/jin at the end of the month; the price of Huayu 23 peanuts in Xingcheng, Liaoning remained stable at 4.35 yuan/jin. In January, peanuts were gradually put on the market, the purchase volume of oil mills increased, the spot price of Henan peanuts rose, and the reluctance of Northeast farmers to sell loosened, causing the spot price of peanuts to fall. Currently, it is the stage of large - scale purchase by oil mills, and the price of oil peanuts depends on the purchase rhythm of peanut oil mills, with the purchase price of oil mills stable at 6,800 - 7,600 yuan/ton. It is expected that in February, the price of Henan peanuts will continue to rise, while the price of Northeast peanuts will be relatively weak, and the price difference between the two regions will continue to narrow [14]. 3.2.2 Significant Decrease in Imported Peanuts and Increase in Imported Peanut Oil - In December 2025, 24,000 tons of peanut kernels were imported, and from January to December, 252,000 tons of peanut kernels were imported, a year - on - year decrease of 65.6%. Among them, 17,000 tons were imported from Sudan, 18,000 tons from Senegal, 40,000 tons of shelled peanuts from the United States, 61,000 tons from India, and 39,000 tons from Argentina. From January to December, the cumulative export of peanut kernels was 212,000 tons, a year - on - year increase of 47%. According to the seasonal pattern of imports, the traditional peak season for imported peanuts is from March to July after the Chinese New Year. However, due to the low domestic peanut price, it is expected that the import volume of peanuts in 2026 will still be low. It is rumored that the import cost of Senegalese peanuts is 7,400 yuan/ton (with about 3% impurities). In 2025, the cumulative import of peanut oil from January to December was 402,000 tons, 58% higher than last year. The peanut kernels converted from imported peanut oil (45% oil yield) totaled 1.145 million tons, lower than the 1.298 million tons converted last year. Due to the weak domestic consumption of peanut oil, it is expected that the import of peanut kernels in February will still be low, and the import of peanut oil will remain high [23]. 3.2.3 Good Profit of Peanut Oil Mills and Continuous Increase in Peanut Inventory of Oil Mills - Due to the large - scale sales by farmers, the supply of oil peanuts was sufficient and the price was low, so the profit of oil mills was at a high level. As of January 22, the opening rate of peanut oil mills was 47.22%, higher than 26.88% in the previous month and 13.7% last year. The peanut inventory was 177,000 tons, higher than 124,000 tons in the same period of the previous month but lower than 189,000 tons in the same period last year, at a relatively high level in the past. The prices of peanut meal and peanut oil fluctuated little, and the purchase price of peanuts was at a low level, so the profit of oil mills from pressing was high. As of January 22, the pressing profit of peanut oil mills was 190 yuan/ton, lower than 278 yuan/ton in the same period of the previous month but much higher than - 346 yuan/ton in the same period last year. The profit of oil mills mainly comes from peanut oil. Generally, the contribution ratio of peanut oil and peanut meal to the pressing profit is between 2 - 4. As of the end of January, the profit of peanut oil to oil mills was 3.36 times that of peanut meal, and the theoretical break - even price of peanuts was 7,800 yuan/ton. Due to the sufficient supply of oil peanuts, much higher than the same period last year, and the price of oil peanuts will remain at the bottom for a long time, peanut oil mills will still maintain high profits in February [31]. 3.2.4 Expected Increase in New - Crop Planting Costs - In 2025, the peanut planting area increased year - on - year, and the national peanut production was slightly higher than last year. After removing the land rent, most of the planting costs in Henan and other places were 800 yuan/ton. Since some areas in Henan have two crops a year, the planting cost is relatively low. For Jilin and other places, the planting cost including land rent is 1,700 yuan/mu. Calculated at 450 jin/mu (peanut kernels), the cost of peanut kernels in Jilin is 3.5 - 3.8 yuan/jin. However, due to the high planting income of corn, soybeans, and peanuts in the Northeast region this year, the land rent is also rising. It is currently expected that the land rent per mu will increase by 100 - 200 yuan in the 2026/2027 season, and the peanut planting cost in the Northeast region will be above 4.0 yuan/jin [48]. 3.3后市展望及策略推荐 - In February, the supply of oil peanuts will continue to increase, and the supply will be sufficient. The price of Henan peanuts will continue to rise, while the price of Northeast peanuts will continue to be weak, narrowing the price difference between Northeast and Henan peanuts, as well as the price difference between oil peanuts and common peanuts. The import volume of peanuts is significantly lower than last year. It is rumored that the import price of Senegalese peanuts after the Chinese New Year is 7,400 yuan/ton, and the current warehouse receipt price is between 7,900 - 8,000 yuan/ton, with relatively stable warehouse receipt costs. The prices of peanut oil and peanut meal will remain at a high level, the pressing profit of peanut oil mills will still be good, the peanut inventory of oil mills will continue to increase, and the peanut oil inventory will also increase. It is expected that the price of common peanuts in Henan will fluctuate between 3.6 - 4.0 yuan/jin, and the peanut futures contract 03 is expected to fluctuate between 7,800 - 8,200 yuan/ton [51]. - **Trading Strategies**: - **Unilateral**: Adopt a trading strategy of range - bound thinking for the peanut futures contract 03 between 7,800 - 8,200 yuan/ton [52]. - **Arbitrage**: Stay on the sidelines [54]. - **Options**: Sell the pk603 - C - 8200 option when the peanut futures price rises [7][54].

1. Report Industry Investment Rating - No relevant content provided 2. Core View of the Report - Spot prices are generally stable, and futures are mainly volatile. The peanut market in various regions continued to adjust weakly and steadily this week, with the price center sinking. The purchase of grassroots supplies has basically ended. The inventory level in the circulation link is not high, and the import volume of peanuts has decreased significantly year - on - year. New - season peanut planting area has increased slightly, and the total output is expected to remain high. Before the demand improves, peanut prices may remain weak, but inventory pressure is not large, and the price - holding psychology of holders will support the price decline. In the short term, spot prices are likely to fluctuate weakly within a range, and the long - term market depends on weather and demand. For futures, the medium - and short - term market should focus on the price performance at both ends of the range of 8000 - 8400, and the trend market may still need to wait [6]. 3. Summary by Directory 3.1 Main Views - Spot prices are generally stable, futures are volatile. The peanut market is weak and stable, with the price center sinking. New - season peanut planting area increases slightly, and the total output is expected to be high. Before demand improves, prices may remain weak, but inventory pressure is small, and price - holding psychology supports the price. Short - term spot prices may fluctuate weakly, and long - term depends on weather and demand. For futures, focus on the 8000 - 8400 range [6]. 3.2 Market Review - **2.1 Overall Performance**: The rebound of peanuts this week was weak, and the callback of the oil and fat sector was stronger than that of peanuts. The peanut weighted index oscillated weakly back to near the lower edge of the range, while the oil and fat sector quickly broke through the upper edge of the range, and its price callback support was stronger than that of peanuts [7][9]. - **2.2 2510 Contract**: The upward movement of the peanut 2510 contract lacked momentum in terms of closing price and trading volume [13]. 3.3 Fundamental Analysis - **3.1 Oil Mill Inventory and Operating Rate**: The weekly inventory of peanut oil was 39,410 tons, a decrease of 190 tons from the previous month, and the operating rate of oil mills was 4.74%, a decrease of about 2.0% compared with last week [16]. - **3.2 Peanut Commodity Price (Baisha)**: The domestic peanut market was weak, with the price center sinking. The purchase of grassroots supplies basically ended, and trading was light [20]. - **3.3 Peanut Oil Price Trend**: The average price of first - class ordinary peanut oil in the main producing areas this week was 15,000 yuan/ton, basically the same as last week [24]. - **3.4 Peanut Meal Price Trend**: Peanut meal prices oscillated weakly this week, while rapeseed meal and soybean meal oscillated strongly [28]. - **3.5 Imported Peanut Quantity and Price**: There were few imported peanuts. Sudanese refined peanuts were in short supply, and new peanuts had not arrived at the port. Import prices were stable, and the procurement of Senegalese supplies was limited [31]. - **3.6 Market Price Index Compared with Last Month**: In the wholesale market, peanut prices were mostly negotiated, and the overall transaction price was relatively stable [35]. 3.4 Spread Tracking - **4.1 Basis Spread**: The basis spread data of peanuts - Baisha is provided, but no specific analysis conclusion is given [37].

Group 1: Report Overview - The report is a peanut semi - annual research report dated June 27, 2025 [9][24][32] Group 2: International Peanut Situation - In 2024, among major peanut - producing countries, China accounted for 37% (1900 thousand tons), India 22% (1149 thousand tons), Nigeria 14% (710 thousand tons), the US 8% (430 thousand tons), and other countries had smaller shares [12] Group 3: Domestic Peanut Fundamentals Price Trends - There are price trend charts for Henan Zhengyang general - purpose peanuts, Shandong oil - type peanuts, peanut continuous contracts, and peanut continuous contract basis from 2021 - 2025 [15][18] Import and Export - There are cumulative import and export volume charts for Chinese peanut kernels, peanut oil from 2020 - 2025. In 2025, the import volume of peanut kernels in May was 67148 tons with a year - on - year decrease of 0.795343, and in April it was 53637 tons with a year - on - year decrease of 0.779907 [25][29] Peanut Oil Factory Indicators - There are charts for peanut oil factory peanut kernel inventory,开机率, peanut oil factory pressing volume, pressing profit, peanut oil and soybean oil price difference, peanut oil factory peanut oil price, peanut meal and soybean meal price difference, Shandong peanut meal price, and peanut oil factory peanut oil inventory from 2021 - 2025 [34][36][40][42][47] Planting Cost and Area - In 2025, the estimated total peanut planting costs per mu in Jilin, Shandong, Henan, and Liaoning Xingcheng were 1708 yuan, 1361 yuan, 1347 yuan, and 1901 yuan respectively. The national peanut planting area in 2025 was 4905 thousand hectares, showing an increase compared to previous years [50][52] Group 4: Future Outlook and Strategy Recommendation - The report has a section on future outlook and strategy recommendation, but specific content is not provided [53]

Report Summary 1. Investment Rating No investment rating for the industry is provided in the report. 2. Core View The peanut market is in a volatile situation. The spot price has risen, and the futures market is mainly fluctuating. After a rapid rise in the producing - area market, the short - term market has entered a stage of stalemate, consolidation, and a slight correction. The futures market is expected to have limited downward space due to the relatively strong spot situation [1][2]. 3. Summary by Directory 3.1 Market Review - **Spot Market**: As of May 22, 2025, the average price of national general peanuts was 8500 yuan/ton, up 2.41% from the previous week. The spot market showed a volatile upward trend, with the tight supply situation supporting the price [1]. - **Futures Market**: In the week of May 23, the peanut futures rose. The highest price of the main contract (PK2510) was 8428 yuan/ton, the lowest was 8216 yuan/ton, and the closing price was 8308 yuan/ton (compared with 8232 yuan/ton in the previous week) [1]. 3.2 Market Outlook - **Producing Areas**: After a rapid rise, the short - term market is in a stage of stalemate, consolidation, and a slight correction. Some producing - area inventories need to be cleared for profit, and the market's willingness to buy at high prices has decreased. The terminal sales are sluggish, and the market inventory needs further consumption. The oil - mill acquisitions are gradually ending [2]. - **Futures Market**: It is mainly volatile. The normal - temperature inventory of traders and screening plants in the core producing areas needs to be cleared for cash. The inventory in some producing areas has been transferred to cold storage, and the shutdown rate of screening plants has increased. The market - circulating goods show a concentrated trend. After the price on the disk reached a high, it declined due to rainfall in the North China producing area and the end of oil - mill stocking. The downward space of the disk is expected to be limited because of the strong spot situation [2]. 3.3 Basis and Spread - **Basis**: The basis of Henan Baisha general peanuts has strengthened, while the basis of Sudan refined peanuts has weakened [6]. - **Spread**: The 11 - 1 spread has weakened (data update stopped), and the 10 - 11 spread is also presented in the report [7]. 3.4 Price Data - The price of Baisha peanuts in Zhumadian, Henan, increased by about 300 yuan/ton compared with the previous week [11]. - The arrival volume of 6 oil - peanut markets was about 0.53 million tons, down 9.09% from the previous week and 1.96% from the same period last year. The arrival volume of 14 commercial - peanut markets was about 0.42 million tons, down 21.43% from the previous week and up 0.59% from the same period last year. The arrival volume of 20 domestic markets was about 0.95 million tons, down 15.05% from the previous week and 0.84% from the same period last year [12]. 3.5 Supply The arrival volumes of oil - peanut, commercial - peanut, and domestic markets have all declined [16][17][23]. 3.6 Demand - The arrival volume of sample oil mills was about 3.27 million tons, up 22.93% from the previous week but down 44% from the same period last year [25]. - The mainstream quotation of domestic first - grade peanut oil is 14500 - 15500 yuan/ton, with most oil - mill quotations rising, and there is some bargaining space in actual transactions [25]. - The mainstream quotation of peanut meal is 3100 - 3300 yuan/ton. Most oil mills have raised the price affected by soybean meal, but the downstream feed mills have weak purchasing willingness [25]. - The theoretical profit of peanut processing in some domestic oil mills this week was - 35.64 yuan/ton, up 8.62 yuan/ton from the previous week [25]. - The comprehensive startup rate of sample enterprises was 15.02%, up 1.75% from the previous week but down 7.98% from the same period last year [25]. - The peanut - pressing volume of sample oil mills was about 2.66 million tons, up 13.16% from the previous week but down 34.7% from the same period last year [25]. 3.7 Inventory The peanut inventory in oil mills has increased, while the peanut - oil inventory in oil mills has remained stable [27].

Report Summary 1. Report Industry Investment Rating No investment rating information is provided in the report. 2. Core Views - **Spot Market**: The peanut spot market has entered an oil - merchant separation phase. With the seasonal off - peak for peanut oil, peanut meal prices have slightly adjusted downward following soybean meal. Some oil mills have completed their essential stockpiling, while some may face partial shutdowns due to insufficient subsequent arrivals. As most farmers have finished sowing, some are selling their remaining peanuts. With the Dragon Boat Festival approaching, there is essential stockpiling, leading to a concentration of peanut trading. The cost of intermediate inventories has not been profitable, and the cost of general peanuts has risen, resulting in firm and rising commodity quotes [2]. - **Futures Market**: The futures market is expected to be mainly volatile. From mid - May to mid - June, the remaining peanuts of farmers and grassroots traders will be forced out of the market, and some low - quality peanuts may temporarily lower prices. High import costs and risks limit the import space for traders. The market should focus on the new peanut sowing situation, and if the weather in the North China region is dry, the futures price may continue to rise [2]. 3. Summary by Relevant Catalogs 3.1 Market Review - **Spot Market**: As of May 15, 2025, the average price of national general peanuts was 8300 yuan/ton, a 0.97% increase from the previous week. The spot market showed a steady - to - strong trend, with trading sentiment warming up and prices gradually rising. Factors such as the depletion of grassroots stocks and the impact of the busy farming season on supply led to a low volume of peanuts on the market. The sowing progress of the new season was delayed due to dry weather, and the subsequent growth situation remained uncertain [1]. - **Futures Market**: In the week of May 16, peanut futures rose. The highest price of the main peanut contract (PK2510) was 8268 yuan/ton, the lowest was 8102 yuan/ton, and the closing price was 8232 yuan/ton (compared to 8106 yuan/ton the previous week) [1]. 3.2 Market Outlook - **Spot Market**: The market has entered an oil - merchant separation phase. Peanut oil is in a seasonal off - peak, and peanut meal prices have slightly adjusted downward. Some oil mills may face partial shutdowns. With the end of the sowing season for most farmers, some are selling their remaining peanuts. There is essential stockpiling for the Dragon Boat Festival, and the concentration of trading has led to rising prices [2]. - **Futures Market**: It will be mainly volatile. From mid - May to mid - June, the forced sale of remaining peanuts may temporarily lower prices. High import costs and risks limit imports. The new sowing situation is crucial, and dry weather in North China may drive up the futures price [2]. 3.3 Basis and Spread - **Basis**: The basis of Henan Baisha general peanuts has strengthened, while the basis of Sudanese refined peanuts has weakened [5]. - **Spread**: The 11 - 1 spread has weakened (data update stopped), and the 10 - 11 spread has also weakened [6]. 3.4 Price Data The price of Baisha peanuts in Zhumadian, Henan has increased by about 200 yuan/ton compared to the previous week. The price of Baisha peanuts in Zhengyang, Henan has risen, while the price of Sudanese refined peanuts has remained stable [10][11]. 3.5 Supply - The arrival volume of 6 oil - type peanut markets was about 0.58 million tons, a 18.1% increase from the previous week and a 57.66% increase compared to the same period last year. - The arrival volume of 14 commodity - type peanut markets was about 0.54 million tons, a 31.78% increase from the previous week and a 78.83% increase compared to the same period last year. - The arrival volume of 20 domestic markets was about 1.12 million tons, a 24.33% increase from the previous week and a 67.22% increase compared to the same period last year. The import volume of peanuts has remained stable [12]. 3.6 Demand - The arrival volume of sample oil mills was about 3.27 million tons, a 22.93% increase from the previous week but a 44% decrease compared to the same period last year. - The mainstream price of domestic first - grade peanut oil was 14,500 - 15,500 yuan/ton, with most oil mills raising their quotes, and there was some negotiation space for actual transactions. - The mainstream price of peanut meal was 3100 - 3300 yuan/ton, with most oil mills adjusting their prices upward following soybean meal. Downstream feed mills were either consuming their inventories or waiting and watching, with weak purchasing willingness. - The theoretical profit of peanut processing in some domestic oil mills was - 44.26 yuan/ton, a decrease of 18.72 yuan/ton from the previous week. - The comprehensive operating rate of sample enterprises was 13.27%, a 3.51% increase from the previous week but a 13.62% decrease compared to the same period last year. - The peanut crushing volume of sample oil mills was about 2.36 million tons, a 36.36% increase from the previous week but a 50.64% decrease compared to the same period last year [18]. 3.7 Inventory - The peanut inventory of oil mills has increased, while the peanut oil inventory of oil mills has remained stable [20].