苹果期货日报-20251010

1. Report Industry Investment Rating - No information provided 2. Core Viewpoints - The short - term demand for stocking during the Double Festival can digest the current supply, and the price of the main apple futures ap2601 contract may remain strong in the short term [15][16] 3. Summary by Directory 3.1 Futures Market 3.1.1 Contract Quotes - On September 30, 2025, the apple AP2601 futures contract rose significantly, closing at 8617 points, up 1.22% from the previous day. The full - day trading volume was 97,524 lots, and the open interest was 102,381 lots, a decrease of 5,415 lots from the previous trading day [2] 3.1.2 Variety Prices - All apple futures contracts rose, with a trading volume of 108,457 lots and an open interest of 111,461 lots, a decrease of 9,133 lots from the previous trading day [5] 3.1.3 Related Quotes - Apple options had a full - day trading volume of 12,045 lots, a total open interest of 18,639 lots, an increase of 606 lots, and 0 lots exercised on the day [8] 3.2 Spot Market 3.2.1 Basis Data - The spot price of apples was 7,600 yuan/ton, and the futures settlement price was 8,577 yuan/ton, with a basis of - 977 yuan/ton [9][10] 3.2.2 Registered Warehouse Receipts - The warehouse receipt daily report of the Zhengzhou Commodity Exchange showed that there were 0 registered warehouse receipts on the day [11] 3.3 Influencing Factors 3.3.1 Industry News - In the western region, the bag - removing work of late - maturing Fuji apples has been carried out one after another, the early - maturing Fuji apples have basically ended, and other mid - maturing varieties are being traded normally. In the Shandong production area, some Red Generals have entered the late stage, and small - vehicle merchants prefer the Red General apples with lower prices. The inventory of old Fuji apples is affected by other apple varieties, and the trading is slow [12] 3.3.2 Technical Analysis - On September 30, the K - line of apple futures was a solid positive line, indicating that the bulls had the upper hand on that day [13] 3.4 Market Outlook - From the demand side, the stocking for the Double Festival has brought short - term incremental demand. The terminal gift - box procurement and the stocking in the wholesale market have gradually started, and the daily arrival volume of the three major wholesale markets in Guangdong has increased month - on - month. The willingness to purchase high - quality fruits is relatively strong. From a technical perspective, the moving averages are in a long - position combination, and the price of the main apple futures ap2601 contract may remain strong in the short term [15][16]