Report Summary 1. Report Industry Investment Rating No relevant content provided. 2. Core View of the Report - The apple market is currently in a state of light trading. The short - term apple price is expected to remain stable, and in the short - term, the price will show a slightly stronger oscillatory trend. The new - season apple bagging quantity is slightly lower than the previous season, and the early - maturing apple purchase price in the northwest region is higher than the same period last year, which may support the opening price of late - maturing Red Fuji. However, it is currently the off - season for apple consumption, and weak demand may limit the upside potential of the market [7][9][13]. 3. Summary According to the Directory 3.1 Futures Market - Contract Quotes: On July 23, 2025, the apple futures market showed a slight increase. The closing price of the main apple futures contract AP2510 was 7,956 yuan/ton, up 58 yuan/ton from the previous day, with a change of +0.73%. The trading volume was 46,397 lots, a decrease of 4,132 lots from the previous trading day, and the open interest was 91,030 lots, a decrease of 1,666 lots from the previous trading day [2]. - Futures Market Data: Besides the AP2510 contract, the closing price of the AP2601 contract was 7,817 yuan/ton, up 38 yuan/ton, with a change of +0.49%. The trading volume was 2,718 lots, and the open interest was 9,817 lots, a decrease of 117 lots from the previous day [4][5]. - Spot Market Data: On July 23, the prices in the main apple spot markets showed an overall oscillatory upward trend [6]. 3.2 Influencing Factors - Industry Events: Recently, due to the impact of seasonal fruits and a decline in exports and e - commerce sales, the early - maturing apples in production areas such as Dali and Wanrong are being normally purchased at stable prices. The overall apple market remains in a state of light trading. The inventory trading is concentrated in the Shandong production area, with slow sales, but the low remaining inventory and high preserved fruit prices provide bottom - line support [7]. 3.3 Technical Analysis - Price Position: On July 23, the closing price of the AP2510 futures was 7,956 yuan/ton, which was at the mid - to - high level of the price range in the past 30 days, indicating short - term price oscillation [12]. - K - line Pattern: On July 23, the K - line closed as a positive line. Combined with the K - lines of the previous few days, it formed an oscillatory upward pattern [12]. 3.4 Market Outlook - The new - season apple bagging quantity is slightly lower than the previous season, and the early - maturing apple purchase price in the northwest region is higher than the same period last year, which may support the opening price of late - maturing Red Fuji. Currently, it is the off - season for apple consumption, and weak demand may limit the upside potential of the market. In the short - term, the price will show a slightly stronger oscillatory trend [9][13].
国金期货苹果期货日报-20250724
Guo Jin Qi Huo·2025-07-24 11:45