Disk situation: CJ2109 reported the highest at 8880, the lowest at 8720, and the closing at 8755, -0.23% from the previous trading day; trading volume 74528; positions 39086, -1859; basis difference -455, +25.
News: According to Chinazao.com: the market in the sales area has not changed much, and the overall transaction enthusiasm is not high. At this stage, only a few merchants have a small amount of stocking, but the transaction volume has not changed significantly. The asking price of red dates continues to be high but not low, merchants just need to purchase, large-scale sources of goods are slow, and the overall trading atmosphere is average.
Spot market: the national average price of first-grade gray dates is 8300,0; Hebei Cangzhou price: first-grade gray dates 7000,0; Zhengzhou, Henan: first-level gray dates 7000,0; Xinjiang Alar price: first-level gray dates 8500,0 . (Unit: Yuan/Ton)
Warehouse Receipt Inventory: 1606 ZCE red date futures warehouse receipts, which is +0 compared to the previous trading day, with 166 effective forecasts.
Position analysis: Currently, the top 20 long positions of the ZCE red date futures contract are 24089, -1203; the top 20 short positions are 25040, -772, and the net position is -951 lots. (Unit: hand)
Summary: The spot price of red dates nationwide remains stable. There is little change in the sales of red dates in the sales area, and the transaction heat is still not high. Due to the prominent off-season of red dates, the supply of goods is relatively slow, and there is only a small amount of stocking demand during the Dragon Boat Festival. In addition, a large number of seasonal fruits are on the market, which also has a certain impact on the consumer side of red dates. However, the cost support of red dates warehouse receipts and the rising cost of storage and sales, coupled with the steady attitude of sellers on shipments, support the red dates market to a certain extent. Operationally, the CJ2109 contract is recommended to sell high and buy low in the range of 8,500-9,000 yuan/ton in the short term.
