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 | ...

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 ...

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 ...

Group 1: Report Overview - Report Title: Peanut Daily Report, dated November 20, 2025 [1] - Researcher: Liu Dayong, with futures trading certificate number F03107370 and investment consulting certificate number Z0018389 [1] Group 2: Investment Rating - No investment rating for the industry is provided in the report. Group 3: Core Viewpoints - The short - term peanut spot price is relatively stable due to stable domestic peanut prices, stable import peanut prices, large price differences between oil - type and commodity peanuts, a high price difference between Henan and Northeast peanuts, increased supply, and weak downstream demand [4][8] - Peanut oil spot prices are stable, peanut meal prices have been stable recently, and oil mills' theoretical crushing profits are good [4][6][8] - The peanut futures will continue to fluctuate at the bottom, and there is still room for the price of the new - season peanut 01 contract to decline because the expected output of the new - season peanuts is higher than last year, and the planting cost has decreased [8] Group 4: Summary of Each Section Part 1: Data Futures Market - PK604 closed at 7816, down 26 (-0.33%), with a trading volume of 28,344 (-12.99%) and an open interest of 18,927 (-3.62%) - PK510 closed at 8152, up 2 (+0.02%), with a trading volume of 30 (-57.75%) and an open interest of 633 (-1.86%) - PK601 closed at 7788, down 6 (-0.08%), with a trading volume of 80,370 (-22.75%) and an open interest of 136,355 (-10.13%) [2] Spot Market - Spot prices in Henan Nanyang, Shandong Jining, and Shandong Linyi were 7200, 7600, and 7600 respectively, with no change - The price of Rizhao peanut meal was 3250, and Rizhao soybean meal was 3000, with no change - The price of peanut oil was 14550, and Rizhao first - grade soybean oil was 8450, down 100 [2] Import Prices - The price of Sudanese peanuts was 8600, and Senegalese peanuts was 7600, with no change [2] Spreads - PK01 - PK04 spread was - 28, up 20; PK04 - PK10 spread was - 336, down 28; PK10 - PK01 spread was 364, up 8 [2] Part 2: Market Analysis - Peanut prices in Henan and Northeast China were stable. For example, 308 common peanuts in Fuyu, Jilin were 4.45 yuan/jin, and in Changtu, Liaoning were 4.5 yuan/jin. Henan's Baisha common peanuts were 3.55 - 3.85 yuan/jin, and in Shandong Junan were 3.5 yuan/jin - Imported peanut prices were stable, with Sudanese refined peanuts at 8600 yuan/ton, Senegalese at 7600 yuan/ton, Brazilian new peanuts at 9200 yuan/ton, and Indian 50/60 peanuts at 8000 yuan/ton - Some peanut oil mills started purchasing, with the mainstream transaction price at 7200 - 7350 yuan/ton and the theoretical break - even price at 7900 yuan/ton - Peanut oil and soybean oil prices were stable, with domestic first - grade ordinary peanut oil at 14500 yuan/ton and small - pressed fragrant peanut oil at 16500 yuan/ton - Rizhao soybean meal spot price fell to 2990 yuan/ton, down 10 yuan/ton. The unit - protein price difference between peanut meal and soybean meal was low, and peanut meal was relatively strong in the short term, with 48 - protein peanut meal at 3210 yuan/ton [4][6] Part 3: Trading Strategies - Unilateral: Peanut contracts 01 and 05 will fluctuate at a low level. Short - sell the 01 contract on rallies [9] - Spread: Reverse - arbitrage the 1 - 5 spread on rallies [10] - Options: Hold the short position of the pk601 - P - 7600 put option [11] Part 4: Related Attachments - The report provides six figures, including Shandong peanut spot prices, peanut oil mill crushing profits, peanut oil prices, peanut spot - futures basis, 10 - 1 contract spreads, and 1 - 4 contract spreads [13][18][20]

Group 1: Report Overview - The report is a peanut daily report dated November 19, 2025, from the Agricultural Products R & D Report of the Research Institute [1] Group 2: Data Summary Futures Market - PK604 closed at 7842, down 48 (-0.61%), with a trading volume of 32,575 (up 11.77%) and an open interest of 19,638 (down 6.20%) [2] - PK510 closed at 8150, down 18 (-0.22%), with a trading volume of 71 (up 73.17%) and an open interest of 645 (up 4.37%) [2] - PK601 closed at 7794, down 120 (-1.54%), with a trading volume of 104,040 (up 37.97%) and an open interest of 151,721 (down 9.60%) [2] Spot Market - Spot prices in Henan Nanyang, Shandong Jining, and Shandong Linyi were 7200, 7600, and 7600 respectively, with no change [2] - Rizhao peanut meal was 3250, Rizhao soybean meal was 3000 (down 20), peanut oil was 14550, and Rizhao first - grade soybean oil was 8850 (up 350) [2] - Import prices: Sudanese peanuts were 8600, Senegalese peanuts were 7600, with no change [2] Spreads - PK01 - PK04 spread was - 48 (down 72), PK04 - PK10 spread was - 308 (down 30), and PK10 - PK01 spread was 356 (up 102) [2] Group 3: Market Analysis - Peanut prices in Henan declined, while those in the Northeast were strong. Northeast Jilin Fuyu 308 common peanuts were 4.45 yuan/jin, Liaoning Changtu was 4.5 yuan/jin, both stable. Henan Baisha common peanuts were 3.55 - 3.85 yuan/jin, down 0.05 yuan/jin. Shandong Junan was 3.5 yuan/jin, stable [4] - Imported peanut prices were stable. Sudanese refined peanuts were 8600 yuan/ton, Senegalese were 7600 yuan/ton, Brazilian new peanuts were 9200 yuan/ton, and Indian 50/60 peanuts were 8000 yuan/ton, all stable [4] - Peanut oil prices were stable. Mainstream purchase prices of peanut oil mills were 7200 - 7400 yuan/ton, with a theoretical break - even price of 7900 yuan/ton. Domestic first - grade ordinary peanut oil was 14500 yuan/ton, and small - pressed fragrant peanut oil was 16500 yuan/ton, both stable [4][6] - Rizhao soybean meal prices fell to 3000 yuan/ton, down 20 yuan/ton. Peanut meal was relatively strong in the short - term, with 48 - protein peanut meal at 3210 yuan/ton [6] Group 4: Trading Strategies Unilateral - Peanuts in contracts 01 and 05 are in low - level oscillations. Short - sell contract 01 peanuts on rallies [8][9] Spread - Reverse spread for 1 - 5 contracts. Industrial players can try positive spread for 12 - 1 contracts [10] Options - Hold the short position of pk601 - P - 7600 [11] Group 5: Related Charts - The report includes charts on Shandong peanut spot prices, peanut oil mill profit, peanut oil prices, peanut spot - futures basis, 10 - 1 contract spread, and 1 - 4 contract spread [13][20][23]

Report Summary 1. Report Industry Investment Rating No information provided. 2. Core Viewpoints - Recently, the price of common peanuts has declined while the price of imported peanuts has remained stable. With an increase in supply and weak downstream demand, peanut prices will be relatively stable in the short term. Peanut oil and peanut meal prices are currently stable, and oil mills have good theoretical profit margins. The peanut futures will continue to fluctuate at the bottom. It is expected that the new - season peanut production will be higher than last year, with lower planting costs. When the new - season peanuts are on the market in large quantities, the Peanut 01 contract will also fluctuate at the bottom [8]. 3. Summary by Directory Part 1: Data - **Futures Market**: PK604 closed at 7890, down 70 (-0.89%); PK510 closed at 8168, down 18 (-0.22%); PK601 closed at 7914, down 44 (-0.56%). The trading volume of PK604 increased by 151.14%, while that of PK601 decreased by 8.40%. The open interest of PK604 decreased by 1.16%, and that of PK601 decreased by 0.51% [2]. - **Spot Market**: In the spot market, the prices in Henan Nanyang, Shandong Jining, and Shandong Linyi were 7200, 7600, and 7600 respectively, with no change. The price of Rizhao soybean meal increased by 10 yuan/ton to 3020 yuan/ton, and the 48 - protein peanut meal was quoted at 3210 yuan/ton. The price of peanut oil was stable at 14550 yuan/ton, and the price of Rizhao first - grade soybean oil increased by 30 yuan/ton to 8500 yuan/ton. The import prices of Sudanese and Senegalese peanuts remained unchanged at 8600 yuan/ton and 7600 yuan/ton respectively [2][6]. - **Regional Spot Prices**: In the Northeast, prices were stable, with 308 common peanuts in Fuyu, Jilin at 4.45 yuan/jin and 4.5 yuan/jin in Changtu, Liaoning. In Henan, the price of Baisha common peanuts dropped by 0.05 yuan/jin to 3.6 - 3.85 yuan/jin, and in Shandong Junan, it dropped by 0.1 yuan/jin to 3.5 yuan/jin [4]. Part 2: Market Analysis - **Peanut Prices**: The price of common peanuts in Henan has declined, while in the Northeast it is relatively strong. Imported peanut prices are stable. It is expected that peanut spot prices will be relatively stable in the short term. Some peanut oil mills have started purchasing, with the mainstream transaction price between 7300 - 7600 yuan/ton, and the theoretical break - even price of oil mills at 7910 yuan/ton [4]. - **Product Prices**: The prices of peanut oil and soybean oil are stable. The domestic first - grade ordinary peanut oil is quoted at 14500 yuan/ton, and the small - pressed fragrant peanut oil is quoted at 16500 yuan/ton. The spot price of Rizhao soybean meal has increased, and the unit - protein price difference between peanut meal and soybean meal is low, so peanut meal is expected to be relatively strong in the short term [6]. Part 3: Trading Strategies - **Unilateral Trading**: Peanuts in contracts 01 and 05 are fluctuating at low levels. One can try to go long on the 05 peanut contract at a price below 7900 [9]. - **Spread Trading**: Consider a reverse spread for the 1 - 5 spread, and industrial players can try a positive spread for the 12 - 1 spread [10]. - **Options Trading**: Hold the short position of the pk601 - P - 7600 option [11]. Part 4: Related Charts The report provides six charts, including those showing the prices of Shandong peanuts, peanut oil, and the basis between peanut spot and continuous contracts, as well as the price spreads between different peanut contracts [15][19][22].

Group 1: Report Information - Report Title: "Oilseed Peanuts and Commodity Peanuts Have a Large Price Difference, Futures Market Rallies and Then Retreats" [1] - Researcher: Liu Dayong [1] - Futures Practitioner Certificate Number: F03107370 [1] - Investment Consulting Certificate Number: Z0018389 [1] Group 2: Investment Rating - No investment rating information provided in the report Group 3: Core Views - Trading Logic: Peanut trading volume decreased. Henan commodity peanut prices rose, Shandong peanut prices fell, and Northeast prices rose. Imported peanut prices were stable, and imports decreased significantly. Oil mill operating rates remained flat, peanut meal prices were stable, peanut oil prices were weak, and oil mill profit margins were stable. Downstream consumption remained weak, oil mill peanut inventories increased, and peanut oil inventories continued to rise. The market expects peanut production to be flat or slightly higher than last year. Henan peanuts have a high mold rate, and oil mills have not yet made large - scale purchases. This week, the 01 peanut contract rallied and then retreated, and the 1 - 5 spread was strong [4]. - Strategy: Peanuts are in a bottom - oscillating pattern. The 01 peanut contract is in a bottom - oscillating pattern. Consider establishing long positions in the 05 peanut contract on dips. For the spread, conduct reverse arbitrage on the 1 - 5 spread at high levels, and the 12 - 1 industry can try positive arbitrage. An option strategy of selling the pk601 - P - 7600 option can be attempted [4]. Group 4: Chapter 1 - Comprehensive Analysis and Trading Strategy - Trading Logic: Analyzes the price trends of different regions of peanuts, import prices, oil mill operations, and downstream consumption, and points out the trends of futures contracts and spreads [4]. - Strategy: Provides trading strategies for futures contracts, spreads, and options [4]. Group 5: Chapter 2 - Core Logic Analysis Peanut Price - Domestic Peanuts: Henan and Northeast peanut prices rose. Shandong Junan large peanuts were at 3.6 yuan/jin, down 0.1 yuan/jin from last week; Henan Zhengyang new - season peanuts were at 3.6 yuan/jin, up 0.1 yuan/jin from last week; Liaoning Changtu Baisha was at 4.5 yuan/jin, up 0.2 yuan/jin from last week; Jilin Fuyu Baisha was at 4.45 yuan/jin, up 0.15 yuan/jin from last week. Commodity peanut trading was average, and Henan peanut prices started to rise [9]. - Oil Mill Oilseed Peanuts: Oil mill purchase prices fell, and most mills stopped purchasing. The basic purchase price was 7300 - 7450 yuan/ton, down 300 yuan/ton from last week [9]. - Imported Peanuts: Sudan new peanuts were at 8600 yuan/ton, Senegalese oilseed peanuts were at 7800 yuan/ton, and Indian 50/60 were quoted at 8000 yuan/ton, with prices stable compared to last week [9]. Domestic Demand - Oil Mill Operating Rate: As of November 13, the peanut oil mill operating rate this week was 16.21%, unchanged from last week [13]. - Oil Mill Inventory: This week, the oil mill arrival volume was 25,100 tons, down 2700 tons from last week. Oil mill peanut inventories were 47,200 tons, up 1300 tons from last week. Peanut oil inventories were 40,500 tons, up 100 tons from last week [13]. Pressing Profit - Pressing Profit: Peanut oil mill purchase prices decreased, peanut meal prices were stable, and peanut oil prices were weak. As a result, the oil mill pressing profit was 259 yuan/ton, down 7 yuan/ton from last week [17]. - Peanut Oil Price: The average price of first - grade peanut oil was 14,500 yuan/ton, stable compared to last week, and the price of small - pressed fragrant peanut oil was 16,300 yuan/ton, also stable compared to last week [17]. - Peanut Meal: Due to the strong soybean meal spot market, the price difference between peanut meal and soybean meal was low, and peanut meal prices were stable at 3210 yuan/ton this week, unchanged from last week [17]. Basis and Spread - Spread: This week, due to the rally and subsequent retreat of the 01 peanut contract, the 1 - 4 peanut spread was strong, stabilizing around - 30 yuan [24]. - Spot - Futures Price Difference: It retreated [24]. Peanut Imports - Peanut Kernel Imports: In September, peanut kernel imports were 34,000 tons, and from January to September, imports were 164,000 tons, a 71% decrease compared to the same period last year [28]. - Peanut Kernel Exports: In September, peanut kernel exports were 10,000 tons, and from January to September, cumulative exports were 115,000 tons, a 24% increase compared to the same period last year [28]. - Peanut Oil Imports: In September, peanut oil imports were 36,000 tons, and from January to September, cumulative peanut oil imports were 291,000 tons, a 47% increase compared to last year [28]. Group 6: Chapter 3 - Weekly Data Tracking - The report provides various data charts, including peanut prices, oil mill operating rates, inventories, pressing profits, basis, spreads, and import/export data, to track the weekly changes in the peanut market [8][12][16]

Group 1: Report Overview - The report is a peanut daily report dated November 13, 2025, focusing on peanut market research [1] Group 2: Market Data Futures Market - PK604 closed at 7974, up 40 (0.50%), with a trading volume of 19,813 (-7.23%) and an open interest of 21,954 (-2.22%) [2] - PK510 closed at 8190, up 8 (0.10%), with a trading volume of 41 (-12.77%) and an open interest of 591 (3.68%) [2] - PK601 closed at 7966, up 52 (0.65%), with a trading volume of 95,156 (3.16%) and an open interest of 166,487 (0.52%) [2] Spot Market - Henan Nanyang peanuts were priced at 7200 yuan/ton, Shandong Jining and Linyi at 7800 yuan/ton, all unchanged [2] - Sudanese peanuts were priced at 8600 yuan/ton, Senegalese at 7600 yuan/ton, both unchanged [2] - Rize peanut meal was at 3250 yuan/ton, Rize soybean meal at 3030 yuan/ton (up 10 yuan/ton), peanut oil at 14580 yuan/ton, and Rize first - grade soybean oil at 8440 yuan/ton (up 10 yuan/ton) [2] Spread - PK01 - PK04 spread was - 8 (up 12), PK04 - PK10 spread was - 216 (up 32), PK10 - PK01 spread was 224 (down 44) [2] Group 3: Market Analysis - Henan peanut prices were stable, while Northeast peanut prices were strong. Jilin Fuyu 308 peanuts were at 4.45 yuan/jin (up 0.05 yuan/jin), Liaoning Changtu at 4.5 yuan/jin (up 0.1 yuan/jin). Henan Baisha peanuts were at 3.5 - 3.8 yuan/jin, unchanged [4] - Imported peanut prices were stable. Sudanese refined peanuts were at 8600 yuan/ton, Senegalese at 7600 yuan/ton, Brazilian new peanuts at 9200 yuan/ton, and Indian 50/60 peanuts at 8000 yuan/ton, all unchanged [4] - Peanut oil prices were stable. Domestic first - grade ordinary peanut oil was at 14500 yuan/ton, and small - pressed fragrant peanut oil was at 16500 yuan/ton, both unchanged [4][6] - Rize soybean meal prices were strong, up 10 yuan/ton to 3010 yuan/ton. Peanut meal was also strong due to a low unit protein spread with soybean meal, with 48 - protein peanut meal at 3210 yuan/ton [6] Group 4: Trading Strategy Unilateral - Peanuts 01 and 05 contracts were in a low - level oscillation. It was suggested to try short - term long positions on the 05 contract at low prices [9] Spread - It was recommended to wait and see on the spread trading [10] Options - Hold sold pk601 - P - 7600 options [11]

Group 1: Report Overview - Report title: Peanut Daily Report [1] - Report date: November 12, 2025 [1][2] Group 2: Investment Rating - No investment rating provided in the report Group 3: Core Views - Peanut spot prices are expected to remain relatively stable in the short term, with supply increasing and downstream demand remaining weak [4][8] - Peanut futures will continue to oscillate at the bottom, and the new - season peanut output is expected to be higher than last year with lower planting costs [8] - Oil mills' theoretical crushing profits are acceptable, and peanut oil and peanut meal prices are stable [4][6][8] Group 4: Data Summary Futures Market - PK604 closed at 7934, up 4 (0.05%), with a trading volume of 21,358 (-18.06%) and an open interest of 22,453 (3.82%) [2] - PK510 closed at 8182, down 8 (-0.10%), with a trading volume of 47 (-70.81%) and an open interest of 570 (1.79%) [2] - PK601 closed at 7914, up 18 (0.23%), with a trading volume of 92,242 (-29.64%) and an open interest of 165,618 (-0.56%) [2] Spot Market - Spot prices in Henan Nanyang, Shandong Jining, and Shandong Linyi were 7200, 7800, and 7800 respectively, with Henan Nanyang down 200 [2] - Imported Sudanese peanuts were priced at 8600 yuan/ton, and Senegalese peanuts at 7600 yuan/ton [2][4] - Peanut oil was priced at 14580 yuan/ton, up 10; soybean oil was priced at 8430 yuan/ton; peanut meal was priced at 3250 yuan/ton; soybean meal was priced at 3020 yuan/ton, down 10 [2] Spread - PK01 - PK04 spread was -20, up 14; PK04 - PK10 spread was -248, up 12; PK10 - PK01 spread was 268, down 26 [2] Group 5: Market Analysis - Peanut prices in Henan are stable, and those in the Northeast are strong. Imported peanut prices are stable. It is expected that peanut spot prices will be relatively stable in the short term [4] - Some peanut oil mills have started purchasing, with the mainstream transaction price at 7350 - 7600 yuan/ton, and the theoretical break - even price at 7910 yuan/ton [4] - Peanut oil and soybean oil prices are stable, and the by - product soybean meal in Rizhao is weak, while peanut meal is strong [4][6] Group 6: Trading Strategies Unilateral - Peanuts in contracts 01 and 05 are oscillating at low levels. It is advisable to try to go long on contract 05 peanuts at low prices [9] Inter - month Spread - Hold a wait - and - see attitude [10] Options - Sell and hold pk601 - P - 7600 [11] Group 7: Related Attachments - The report includes six figures showing historical data on Shandong peanut spot prices, peanut oil mill crushing profits, peanut oil prices, peanut spot - futures basis, and inter - contract spreads [16][19][22]

Group 1: Investment Rating - There is no information about the industry investment rating in the provided report. Group 2: Core Viewpoints - The peanut spot price is expected to be relatively stable in the short - term, with prices in Henan stable and those in the Northeast being strong. Futures will continue to oscillate at the bottom. The new - season peanut output is expected to be higher than last year, and the planting cost has decreased. Oil mills' theoretical profit is acceptable, and peanut meal is expected to be strong in the short - term [4][8][6]. Group 3: Summary by Sections Data - **Futures Disk**: PK604 closed at 7862, up 30 (0.38%), with a trading volume of 11,043 (-47.34%) and an open interest of 19,930 (6.10%); PK510 closed at 8154, up 6 (0.07%), with a trading volume of 36 (0.00%) and an open interest of 552 (1.28%); PK601 closed at 7814, up 60 (0.77%), with a trading volume of 91,458 (-12.54%) and an open interest of 159,998 (-7.51%) [2]. - **Spot and Basis**: Spot prices in Henan Nanyang, Shandong Jining, and Shandong Linyi were 7400, 7800, and 7800 respectively, with no change. Basis was -414, -14, -14 respectively. Import prices of Sudanese rice were 8600 and Senegalese rice were 7600, with no change. The price of Rizhao first - grade soybean oil increased by 60 to 8370 [2]. - **Spreads**: PK01 - PK04 spread was -48, up 30; PK04 - PK10 spread was -292, up 24; PK10 - PK01 spread was 340, down 54 [2]. Market Analysis - In the Northeast, Jilin Fuyu 308 common peanuts were 4.35 yuan/jin, up 0.05 yuan/jin, and Liaoning Changtu were 4.3 yuan/jin, stable. In Henan, Baisha common peanuts were 3.5 - 3.7 yuan/jin, stable. Shandong Junan was 3.7 yuan/jin, stable. Imported peanut prices were also stable. Peanut oil prices were stable, and Rizhao soybean meal was stronger, with peanut meal also expected to be strong in the short - term [4][6]. Trading Strategies - **Single - sided**: Try short - term long on 05 peanuts as 01 and 05 peanuts are oscillating at low levels [9]. - **Calendar Spread**: Stay on the sidelines [10]. - **Options**: Hold the sold pk601 - P - 7600 [11].