Disk situation: CJ2105 reported 10065 at the highest, 9830 at the lowest, and closed at 9990, which was -0.10% from the previous trading day; volume was 27,802; positions held at 18830, -1212; basis was -550, -120.
News: The trend of the market owners in the sales area has not changed much, and the sellers have a positive attitude towards shipments, but the quality of the supply is quite different. The selling price is high and low, and the delivery speed is not. There are not many raw materials in the Xinjiang production area, and the supply of processed finished products is still available. Sellers have a positive attitude towards shipments, and merchants who take the goods mainly purchase on-demand, and the main trend is stable.

Spot market: the national average price of first-grade gray dates is 9440,0; Cangzhou, Hebei: first-grade gray dates 8500, +0; Zhengzhou, Henan: first-grade gray dates 8000, +0; Xinjiang Alar: first-grade gray dates 9500,0. (Unit: Yuan/Ton)

Inventory of warehouse receipts: 1192 red date futures warehouse receipts of the Zhengzhou Commodity Exchange, which is +0 compared to the previous trading day, and 1006 effective forecasts.

Position analysis: Currently, the top 20 long positions in the red jujube futures contract of the ZCE are 20368, +1841; the top 20 short positions are 18392, -1233, and the net long positions are 1976 lots. (Unit: hand)

Summary: The spot price of red dates nationwide remained stable. According to the survey of 31 companies in Shandong and Hebei by Tianxia Granary, as of March 12, the national stock of jujube was 10,085 tons, a weekly decrease of 7.31%. Among them, jujube from Shandong, Xinjiang, Henan, Hebei and other places were mainly exported. A small amount of processing began in some areas, and inventory pressure in the production areas continued to decrease, supporting the jujube market. However, the current supply of processing enterprises is acceptable, the quality of the supply is uneven, and the selling prices of various types are relatively stable. In addition, the downstream consumption is entering the off-season, and the volume of goods is relatively limited. The overall purchase and sales follow the market. Operationally, the CJ2105 contract is recommended to wait and see for the time being.

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