研究所 农产品研发报告 花生日报 2025 年 11 月 24 日 | 第一部分 | | | 数据 | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | | 花生数据日报 | | | | | | 2025/11/24 | | | 期货盘面 | | | | | | | | | 期货 涨跌 | 收盘价 | 涨跌幅 | 成交量 | 增减幅 | 持仓量 | | 增减幅 | | PK604 26 | 7862 | 0.33% | 40,309 | -53.80% | 20,396 | | -2.23% | | PK510 6 | 8166 | 0.07% | 111 | 152.27% | 641 | | 2.89% | | PK601 64 | 7858 | 0.81% | 112,375 | 6.53% | 118,990 | | -7.37% | | 现货与基差 | | | | | | | | | 现货 山东济宁 山东临沂 日照花生粕 日照豆粕 | 河南南阳 | | | | 花生油 | 日照一级豆油 | | | 今日报价 7600 | 7200 | ...

小花生大变革， 广东花生如何破 局实现产量与效 率双提升？_南 方+_南方plus 初冬的河源东源 县柳城镇寒意微 袭，东江沿岸一 场关于花生 的"科技课"正火 热进行。11月19 日，2025年广东 省科学施肥增效 技术田讲所直播 课暨花生科学施 肥增效技术推广 活动在此举行， 专家、农户齐聚 于此，共同探讨 这不仅是技术的 推广，更是产业 转型的缩影。花 生作为广东省主 要的油料作物， 产量占全省油料 作物总产量的九 成以上，种植面 积全国第三，消 费总量全国第 一。在"500万 亩"种植规模 与"全国第一消 费大省"光环之 下，土地分散、 机械化率低、施 肥传统、产量偏 低等挑战，正制 约着产业竞争力 的进一步提升。 广东省花生产业 如何突破瓶颈， 迈向更高效、更 绿色的未来。 产业之问：500 万亩的背后，短 板何在？ "广东不仅是花 生种植大省，更 是消费大省。广 东人爱吃花生， 也喜欢种花 生。"广东省农 业科学院作物研 究所研究员洪彦 彬在开场介绍 中，点出花生在 广东省的独特地 位。然而，他也 坦言，与北方相 比，广东省花生 种植存在明显短 板。 广东省农业科学院作物研究所研究员洪彦彬 "我们 ...

华南农业大学农学院张雷研究团队为实现花生生产全程机械化，多年来针对花生耕、种、管、收等不同 环节，与多家单位合作研发出适合广东省花生播种和收获的相关机械，集成了适合广东省花生生产全程 机械化农机农艺融合的种植模式，有效的改善传统种植方法的不足，带动农民增收，助力乡村振兴。 忠信镇"千亩方"花生全程机械化种植栽培示范基地总面积达580亩，采用华南农业大学农学院研究的"花 生窄幅高垄单粒精播高产栽培模式"及相配套的花生播种和收获机械，实现全程机械化。该基地品种选 用当地品种，于8月9日播种，11月19日收获，全生育期102天。出苗整齐，长势强，株型紧凑直立，果 大饱满。专家组按照部、省的花生测产验收办法，在两块田随机选取3个点，每个点实测面积为6.67 m2，测得每亩花生荚果鲜重713.33 kg，按折干系数0.55计算，最终示范基地的花生亩产达到392.33 kg。 省农业技术推广中心副主任罗国武在观摩时表示，忠信镇的花生生产机械化模式为全省经济作物生产提 供了可复制、可推广的经验。华南农业大学乡村振兴与社会服务处副处长汪路勇表示，高校将继续提供 技术支持，助力忠信花生产业做大做强。 河源市农业农村局副局长杨建 ...

国家统计局：11月中旬生猪(外三元)价格环比下降1.7% | 序号 | 监测产品 | 规格型号 | 说明 | | --- | --- | --- | --- | | | 一、黑色金属 | | | | 1 | 螺纹钢 | Φ20mm, HRB400E | 屈服强度≥400MPa | | 2 | 线材 | Ф8-10mm. HPB300 | 屈服强度≥300MPa | | 3 | 普通中板 | 20mm. Q235 | 屈服强度≥235MPa | | 4 | 热轧普通板卷 | 4.75-11.5mm. Q235 | 屈服强度≥235MPa,宽度1500mm | | 5 | 无缝钢管 | 219*6, 20# | 20#钢材,屈服强度≥245MPa | | 6 | 角钢 | 5# | 屈服强度≥235MPa | | | 二、有色金属 | | | | 7 | 电解铜 | 1 # | 铜与银质量分数≥99.95% | | 8 | 铝锌 | A00 | 铝质量分数≥99.7% | | 9 | 绍锭 | 1 # | 铅质量分数≥99.994% | | 10 | 锌锌 | 0# | 锌质量分数≥99.995% | | | 三 ...

中国统计信息服务中心 卓创资讯 据对全国流通领域9大类50种重要生产资料市场价格的监测显示，2025年11月中旬与11月上旬相比，30 种产品价格上涨，17种下降，3种持平。 2025年11月中旬流通领域重要生产资料市场价格变动情况 3.监测范围 监测范围涵盖全国31个省（区、市）300多个交易市场的近2000家批发商、代理商、经销商等经营企 业。 4.监测方法 价格监测方法包括信息员现场采价，电话、即时通讯工具和电子邮件询价等。 | 产品名称 | | 本期价格 | 比上期 | 涨跌幅 | | --- | --- | --- | --- | --- | | | 单位 | （元） | 价格涨跌 | (%) | | | | | （元） | | | 一、黑色金属 | | | | | | 螺纹钢（Φ20mm，HRB400E） | 吨 | 3139.0 | 20.5 | 0.7 | | 线材（Φ8—10mm，HPB300） | 吨 | 3282.6 | 10.9 | 0.3 | | 普通中板（20mm，Q235） | 吨 | 3393.7 | -18.1 | -0.5 | | 热轧普通板卷（4.75—11.5mm，Q2 ...

关 投资咨询从业资格号:Z0019456 yinkaiyi@gtht.com (1) 花生市场回顾 2 现货市场,花生价格偏弱。截至至 11月20日全国通货米均价 3.99元/斤,周环比涨 0.03元/斤, 涨幅 0.76%。 本周河南、山东等部分产区农忙仍在进行,花生上货量缓慢增加,好货与孬货品质差 异较 大,东北部分区域基层交售较快、部分仍有过半未售。预计供应压力将逐渐释放。商品米总体需求较为一 般,东北好货价格走高后批发市场到货降低,油厂开机率小幅提高,花生稻品质偏差,工厂为控制成本持 压价收购,整体到货量一般。 期货市场,11月21日当周,花生期货下跌。花生主力合约(PK2601)最高价 7988元/吨,最低 7760 元/吨,收盘价 7794 元/吨（前一周收盘 7884 元/吨）。 0 二五年 2025 年 11月 23 日 (2) 花生市场展望 系北河南产区分化、油商提前分离的格局,核心在河南产区上市供应滞后,东北产区基层农户及商贩 持货待涨心理普遍,筛选厂及市场维持低刚需流转库存的阶段性矛盾。河南产区农忙尚未完全结束，入户 后卖货不积极,有效供应量依然有限,东北产区平稳僵持一周左右,油厂落价信 ...

棕油续跌、红枣大跌 一、农产品板块综述 农产品板块周五大多下跌。棕榈油继续下跌，马来西亚 11 月高 频数据显示产量增而出口降，库存可能上升，棕油期价承压下跌，下 行空间或打开，后市料偏弱运行。红枣低位大幅下跌再创新低，因新 枣上市叠加陈枣高库存，供应压力令红枣扩大下行空间，后市有续跌 空间。农副产品生猪和鸡蛋仍处于跌势，因供应端存栏高企，需求端 没有亮眼表现，后市有续跌压力。 二、品种策略跟踪 （一）棕榈油：继续下跌 （二）红枣：破位大跌 焦点关注：红枣主力 2601 合约低位大幅下跌创新低，受到供应 压力： 1.新疆红枣集中上市，在疆客商根据需求挑选合适货源进行采 购，样本点陈枣库存继续攀升，目前陈枣库存远超去年同期水平。销 区市场河北崔尔庄市场客商拿货积极性一般，广东如意坊市场客商对 一般货源接受度较差，下游客商按需拿货。随着新枣集中上市叠加陈 枣高库存，市场供应压力较大，且柑橘、坚果等替代品上市分流红枣 消费份额。红枣期价低位横盘后大跌创新低，走势偏弱。 2.红枣主力 2601 合约破位下行，跌破低位短期横盘区间，跌破 9000 整数关位，触及新低 8980，下行空间打开，策略上轻仓抛空。 数据来源： ...

油厂收购价下调 花生盘面冲高回落 银河农产品 研究员：刘大勇 期货从业证号：F03107370 投资咨询证号：Z0018389 GALAXY FUTURES 1 227/82/4 228/210/172 181/181/181 87/87/87 目录 | 第一章 | 综合分析与交易策略 | 2 | | --- | --- | --- | | 第二章 | 核心逻辑分析 | 4 | | 第三章 | 周度数据追踪 | 10 | 文 字 色 基 础 色 辅 助 色 137/137/137 246/206/207 68/84/105 210/10/16 221/221/221 208/218/234 花生策略推荐 2 GALAXY FUTURES 227/82/4 228/210/172 181/181/181 87/87/87 文 字 色 基 础 色 辅 助 色 137/137/137 ◼ 期权策略：可以尝试卖出pk601-P-7600期权策略。 246/206/207 68/84/105 210/10/16 221/221/221 208/218/234 ◼ 交易逻辑：花生成交量增加，河南通货花生价格上涨，山东花生 ...

1. Report Industry Investment Rating - The investment rating for both soybeans and peanuts is neutral [3][5] 2. Core Viewpoints - The soybean market has a mixed situation with limited downside in prices due to farmers' reluctance to sell and support from the grain depot's purchase price, but the upward trend is restricted by weak downstream demand [1][2] - The peanut market is currently characterized by low - level fluctuations. The supply has not been fully released, and the demand is generally weak, but the start of procurement by Qingdao Yihai Kerry provides some support [3][4] 3. Summary by Related Content Soybean Market Analysis - Futures: The closing price of the soy - one 2601 contract yesterday was 4,107.00 yuan/ton, a change of - 38.00 yuan/ton or - 0.92% from the previous day [1] - Spot: The edible soybean spot basis was A01 - 7, a change of + 38 or 32.14% from the previous day. The prices of first - class protein soybeans in various regions of Heilongjiang remained stable [1] - Market situation: Northeast new - season soybean prices are firm, but the sales of grain trading enterprises are average. The price is expected to remain stable after the repayment of grain [1] Strategy - The strategy for soybeans is neutral [3] Peanut Market Analysis - Futures: The closing price of the peanut 2601 contract yesterday was 7,788.00 yuan/ton, a change of - 6.00 yuan/ton or - 0.08% from the previous day [3] - Spot: The average peanut spot price was 7,980.00 yuan/ton, with no change from the previous day. The spot basis was PK01 - 788.00, a change of + 6.00 or - 0.76% from the previous day. The national average price of general peanut kernels decreased by 0.01 yuan/jin. Some oil mills lowered their purchase prices, and the arrival volume was average [3] - Market situation: The effective supply of peanuts in the producing areas has not been fully released, with price differentiation in Henan and low selling enthusiasm in the Northeast. The demand is weak overall, but Qingdao Yihai Kerry's procurement provides some support [3][4] Strategy - The strategy for peanuts is neutral [5]

1. Report Industry Investment Ratings No industry investment ratings are provided in the report. 2. Core Views of the Report - Gold: Expectations of interest rate cuts have rebounded [2]. - Silver: In a state of oscillatory adjustment [2]. - Copper: Risk sentiment remains weak, and prices are oscillating [2][10]. - Zinc: Subject to macro - level disturbances [2][13]. - Lead: Reduced inventory restricts price decline [2][16]. - Tin: Prices have fallen from a high level [2][19]. - Aluminum: Affected by macro - level disturbances; Alumina: Ranging within a certain interval; Casting aluminum alloy: Follows the trend of electrolytic aluminum [2][24]. - Nickel: Nickel prices have broken through support levels and are under pressure to move in an oscillatory manner; Stainless steel: Weak market reality suppresses steel prices, but the downside is limited [2][27][28]. - Lithium carbonate: The speed of inventory reduction has slowed down, and a market sentiment cooldown may lead to a price correction [2][33]. - Industrial silicon: The market shows a weak pattern; Polysilicon: Attention should be paid to the lower support level [2][36][37]. - Iron ore: Downstream demand space is limited, and the valuation is relatively high [2][40]. - Rebar: Oscillating weakly; Hot - rolled coil: Oscillating weakly [2][43]. - Ferrosilicon: Wide - range oscillation; Manganese silicon: Wide - range oscillation [2][48]. - Coke: Wide - range oscillation; Coking coal: Wide - range oscillation [2][52]. - Logs: Repeated oscillations [2][54]. - Para - xylene: Supply contraction squeezes downstream profits; PTA: In a single - sided oscillatory market, avoid chasing high prices; MEG: New device launches lead to continued inventory accumulation, and supply pressure persists [2][28]. - Rubber: Oscillating; Synthetic rubber: Oscillating [2][31][33]. - Asphalt: Following the weak trend of crude oil [2][35]. - LLDPE: Agricultural demand may be approaching its peak, pay attention to supply pressure; PP: Do not chase short - term short positions, but there is still pressure in the medium - term trend; Caustic soda: There is still pressure in the trend [2][37][38][39]. - Pulp: Oscillating [2][40]. - Glass: The price of original glass is stable [2][42]. - Methanol: Oscillating weakly, with the downside space narrowing; Urea: Short - term oscillation has support; Styrene: Short - term oscillation; Soda ash: Little change in the spot market [2][43][45][47][48]. - LPG: Supply - demand expectations are tightening, and it is relatively resistant to decline in the short term; Propylene: Spot prices are trending strongly, and the futures market is oscillating at the bottom; PVC: Do not chase short positions, oscillating at a low level; Fuel oil: Short - term strength, continuous rebound at night; Low - sulfur fuel oil: The weak trend continues, and the price spread between high - and low - sulfur fuels in the overseas spot market has slightly declined; Container shipping index (European line): In an oscillatory market; Short - fiber: Short - term oscillatory market; Bottle chips: Short - term oscillatory market, with processing fees being compressed; Offset printing paper: Oscillating at a low level; Pure benzene: Overseas gasoline blending has started, mainly oscillating in the short term; Palm oil: The rebound height is limited, pay attention to the inventory reduction process in the producing areas; Soybean oil: There is no driving force for a breakthrough, mainly oscillating within a certain range; Soybean meal: Oscillating; Soybean: Oscillating; Corn: Oscillating; Sugar: Consolidating at a low level; Cotton: Futures prices maintain an oscillatory trend; Eggs: The volume of culled hens has increased; Pigs: The expectation of temperature drop has materialized, and pressure is gradually being released; Peanuts: Pay attention to the spot market [2][5][49] 3. Summaries According to Relevant Catalogs Gold and Silver - **Fundamental Data**: For gold, the closing prices of domestic and international futures contracts showed declines, trading volumes and positions changed, and ETF positions decreased. For silver, futures prices also declined, trading volumes decreased, and positions increased. Inventory levels of both decreased [6]. - **Macro and Industry News**: The US September non - farm payrolls data was mixed, with unemployment reaching a four - year high. The number of initial jobless claims unexpectedly decreased last week, while the number of continued claims reached a four - year high. Fed officials have different views on interest rate cuts [6][9]. Copper - **Fundamental Data**: Futures prices showed minor fluctuations, trading volumes and positions changed, inventory levels varied, and spot - futures spreads also changed [10]. - **Macro and Industry News**: US employment data was mixed, and the Netherlands suspended intervention in Nexperia. Peru's copper production increased, a copper mine project in Chile obtained environmental approval, China's copper product output decreased, and import and export data for copper - related products changed [10][12]. Zinc - **Fundamental Data**: Futures prices declined slightly, trading volumes decreased, positions increased, inventory levels changed, and various price spreads and premiums also changed [13]. - **News**: The US September non - farm report showed mixed signals in the employment market, which may complicate the Fed's December decision [13]. Lead - **Fundamental Data**: Futures prices decreased, trading volumes and positions declined, inventory levels changed, and price spreads and import - related data also changed [16]. - **News**: Similar to other metals, it was affected by the US employment data [17]. Tin - **Fundamental Data**: Futures prices decreased, trading volumes and positions changed, inventory levels varied, and spot prices and price spreads changed [21]. - **Macro and Industry News**: In addition to the US employment data, there were reports about Trump's AI policy and the White House's pressure on Congress regarding AI chip exports [21][22]. Aluminum, Alumina, and Casting Aluminum Alloy - **Fundamental Data**: For electrolytic aluminum, futures prices, trading volumes, positions, inventory levels, and price spreads changed. For alumina, relevant data also showed certain trends. For casting aluminum alloy, prices and inventory levels changed [24]. - **Comprehensive News**: The number of initial jobless claims in the US decreased, and there were differences within the Fed regarding interest rate cuts [26]. Nickel and Stainless Steel - **Fundamental Data**: Futures prices of nickel and stainless steel decreased, trading volumes and positions changed, and various industrial chain prices and spreads also changed [28]. - **Macro and Industry News**: An Indonesian nickel mine was taken over, China suspended a non - official subsidy for nickel imports, and there were regulations and policies in the Indonesian mining industry. There were also trade - related threats from the US [28][30][31]. Lithium Carbonate - **Fundamental Data**: Futures prices, trading volumes, positions, and inventory levels of lithium carbonate contracts changed, and the prices of related products in the industrial chain also showed certain trends [33]. - **Macro and Industry News**: The price of battery - grade lithium carbonate increased, and production and inventory data for lithium carbonate changed [34]. Industrial Silicon and Polysilicon - **Fundamental Data**: Futures prices, trading volumes, positions, and price spreads of industrial silicon and polysilicon changed, and spot prices, profits, and inventory levels also varied [37]. - **Macro and Industry News**: A 200 - megawatt photovoltaic project in Xinjiang was put into operation [38]. Iron Ore - **Fundamental Data**: Futures prices decreased, trading volumes and positions changed, spot prices declined slightly, and price spreads changed [40]. - **Macro and Industry News**: China's industrial added value data was released [41]. Rebar and Hot - Rolled Coil - **Fundamental Data**: Futures prices decreased, trading volumes and positions changed, spot prices declined, and price spreads changed [43]. - **Macro and Industry News**: Weekly production, inventory, and apparent demand data for steel products were released, and national steel production data from January to October was also provided [44][46]. Ferrosilicon and Manganese Silicon - **Fundamental Data**: Futures prices decreased, trading volumes and positions changed, spot prices and price spreads also changed [48]. - **Macro and Industry News**: Price information for ferrosilicon and manganese silicon was released, and manganese ore import data was provided [49][50]. Coke and Coking Coal - **Fundamental Data**: Futures prices decreased, trading volumes and positions changed, spot prices remained stable, and price spreads changed [52]. - **Macro and Industry News**: The National Development and Reform Commission held a video conference on energy supply during the heating season [53].