Core Viewpoint - JD Seven Fresh Supermarket is enhancing the New Year shopping experience by offering exclusive "crash prices" on various festive goods and creating an immersive market atmosphere for consumers [1][13]. Group 1: Product Offerings - The "offline exclusive crash prices" focus on seasonal fresh fruits, meat, poultry, eggs, and seafood, which are popular among consumers and have high repurchase rates [3]. - Featured products include high-quality meat such as cold-cut beef, pork ribs, and lamb rolls, as well as fresh seafood like white shrimp and river bass, all offered at competitive prices [3]. - Seasonal fruits are also included in the promotions, with prices such as 19.8 yuan for a box of red strawberries and 7.9 yuan for 950g of sugar oranges, aiming to provide affordable yet quality options for family gatherings [5]. Group 2: Gift Boxes - A variety of New Year gift boxes are available to cater to different gifting and personal use scenarios, including two types of liquor gift boxes priced at 299 yuan and a beer gift box for 29.9 yuan [7]. - The gift offerings also include a juice gift box featuring natural fruit extracts and a health-themed gift box with organic tea oil and assorted nuts, appealing to health-conscious consumers [9]. Group 3: Shopping Experience - The physical stores of JD Seven Fresh provide a direct selection of fresh and quality New Year goods, enhanced by festive decorations that create a joyful shopping atmosphere [11]. - The New Year shopping experience is framed as a celebration of reunion and tradition, encouraging consumers to prepare for the holiday with affordable and meaningful purchases [13].

Core Viewpoint - The Tianjin Haijixing Agricultural Products Wholesale Market is experiencing a significant increase in vegetable supply and stable prices as the New Year approaches, reflecting the importance of this market in the Beijing-Tianjin-Hebei region [1][3]. Group 1: Supply and Demand Dynamics - The market has seen a notable increase in the supply of various vegetables, including storage vegetables like cabbage and potatoes, as well as seasonal vegetables such as cucumbers and tomatoes, with a nearly 20% rise in supply compared to early December [6]. - The sources of vegetables are diverse, with local produce supplemented by greenhouse vegetables from surrounding provinces and "south-to-north" transportation of southern vegetables [8]. Group 2: Price Trends - Overall vegetable prices have remained stable, with a slight decrease of 0.35% compared to the previous week, attributed to the ample supply from surrounding provinces and the "south-to-north" transport [10]. - Specific price changes include a rise in green peppers from 4.5 yuan to 5 yuan, while cucumbers fell from 4.7 yuan to 2.7 yuan, and Romaine lettuce decreased from 3.5 yuan to 1.5 yuan [10]. Group 3: Seasonal Demand for Premium Products - As the New Year and subsequent Spring Festival approach, there is a marked increase in demand for gift boxes and premium fruits and vegetables, such as Chilean cherries and Guangxi sugar oranges, with supply volumes for these items significantly rising [12]. - The overall supply of fruits and vegetables is expected to increase by 10% to 15% as the holiday season approaches, with peak supply anticipated about ten days before the Spring Festival [14].

Report Investment Rating - The strategy for both apple and red date is neutral [4][9] Core Viewpoints - For apples, the current price reflects the expectations of the storage volume and structure. Future focus should be on terminal market consumption recovery, the impact of the differentiated storage structure, and the dynamics of merchants' inventory transfers before the Spring Festival. The market is in a off - season, and caution is needed when chasing high prices [4] - For red dates, if the sales situation in the distribution areas improves, the price may rebound during the consumption peak season. However, due to the large inventory of two seasons, the upward rebound space is expected to be limited [9] Summary by Directory Apple Market News and Important Data - Futures: The closing price of the apple 2605 contract yesterday was 9,465 yuan/ton, a change of - 41 yuan/ton or - 0.43% from the previous day [1] - Spot: The price of 80 first and second - grade late Fuji in Shandong Qixia was 4.10 yuan/jin, unchanged from the previous day; the price of over 70 semi - commercial late Fuji in Shaanxi Luochuan was 4.20 yuan/jin, unchanged from the previous day. The spot basis AP05 - 1265 in Qixia and AP05 - 1065 in Luochuan both increased by 41 from the previous day [1] Recent Market Information - The mainstream price of stored late Fuji remains stable. In some western producing areas, the price of below - average goods is slightly weak. The overall transaction is on - demand, and the shipment is slow. The arrival of goods in the sales areas increases, but the overall shipment is not fast, and the inventory pressure still exists [2][3] - The new - season late Fuji storage in the producing areas has ended, with the storage volume more than 10% lower than the same period last year. The merchants are generally optimistic. The inventory decreased last week, and the overall shipment is average [3] - The consumption is mainly on - demand due to the seasonal off - season, and the trading atmosphere is still light. The increasing supply of citrus fruits squeezes the apple sales space, and the sentiment in the sales areas is relatively pessimistic [3] Market Analysis - The apple futures price showed a volatile downward trend yesterday. The trading sentiment in the producing areas is not high, and the shipment of inventory goods is slow. The arrival of goods in the sales areas increases, but the overall shipment is not fast, and the inventory pressure still exists [3] Strategy - Be neutral. The current expectations of storage volume and structure have been reflected in the price. Future focus should be on terminal market consumption recovery, the impact of the differentiated storage structure, and the dynamics of merchants' inventory transfers before the Spring Festival. It is expected that the large - scale stocking for the Christmas and New Year holidays has not started this week, and the market is still in an off - season. Caution is needed when chasing high prices [4] Red Date Market News and Important Data - Futures: The closing price of the red date 2601 contract yesterday was 9,235 yuan/ton, a change of + 55 yuan/ton or + 0.60% from the previous day [5] - Spot: The price of first - grade grey jujube in Hebei was 8.60 yuan/kg, unchanged from the previous day. The spot basis CJ01 - 635 decreased by 55 from the previous day [5] Recent Market Information - The acquisition of grey jujube in Xinjiang is nearing completion, with little remaining supply in each producing area. High - quality goods have a tail - end price increase trend. The acquisition of raw materials in the producing areas is based on quality, adhering to the principle of high - quality and high - price [6][7] - On December 8, the trading in the Hebei Cuierzhuang market was mainly of new goods. After the new - season harvest, the goods gradually returned to the factory for processing. With the clear procurement cost of merchants at the end of the acquisition in the producing areas, the downstream purchasing enthusiasm increased, and the price was strong [7] - In the Guangdong Ruyifang market, 7 trucks of goods arrived. The market supply was sufficient, and downstream merchants purchased on - demand. The morning trading was average [7] Market Analysis - The red date futures price rose slightly yesterday. The acquisition in each producing area is nearing completion, with little remaining supply. The raw material acquisition adheres to the principle of pricing by quality. The trading in the sales areas is mainly of new goods, and the spot price is relatively firm [8] - The acquisition of grey jujube in Xinjiang is about 90% complete, and the price in the producing areas has stopped falling and stabilized, with the cost gradually becoming clear. The price in the sales areas has also stabilized. With the increasing downstream procurement, some holders have tentatively increased their quotes slightly [8] - The inventory of 36 sample points has increased significantly, and the combined inventory of the two seasons is at the highest level in recent years. The inventory pressure is large, the supply - demand contradiction has not been substantially alleviated, and the market's future expectations are relatively pessimistic [8] Strategy - Be neutral. If the sales situation in the distribution areas improves, the red date price may rebound during the consumption peak season. However, due to the large inventory of two seasons, the upward rebound space is expected to be limited [9]