苹果期货日报-20251223

Report Overview - Research Variety: Apple - Report Cycle: Daily Report - Date: December 18, 2025 [1] 1. Futures Market 1.1 Contract Quotes - On December 18, 2025, the Apple AP2605 futures contract oscillated downward, closing at 9068 points, a 0.95% decrease from the previous day. The trading volume was 200,113 lots, and the open interest was 162,157 lots, an increase of 19,889 lots from the previous trading day [2]. 1.2 Variety Prices - All Apple futures contracts declined on the day. The total trading volume was 214,210 lots, and the open interest was 187,560 lots, an increase of 19,146 lots from the previous day [4]. 1.3 Related Quotes - The trading volume of Apple options was 20,328 lots, and the total open interest was 30,213 lots, an increase of 2,803 lots. There were 0 exercised options on the day [6]. 2. Spot Market 2.1 Basis Data - The current spot price of apples is 8200 yuan/ton, and the futures settlement price is 9034 yuan/ton, resulting in a basis of -834 yuan/ton [7]. 2.2 Registered Warehouse Receipts - According to the warehouse receipt daily report of the Zhengzhou Commodity Exchange, there are 0 registered warehouse receipts today [8]. 3. Influencing Factors 3.1 Industry News - The mainstream price of late Fuji apples in storage remains stable. There is no obvious improvement in the stocking atmosphere, and the enthusiasm of merchants to purchase from fruit farmers is average. They are gradually shipping their own inventory [9]. 3.2 Technical Analysis - The daily K - line of the AP2605 contract on the day is a medium - sized阴线 with a long lower shadow. The trading volume increased, the open interest slightly increased, and the price rebounded slightly after hitting the bottom [10]. 4. Market Outlook - Fundamentally, it is the off - season for consumption. High prices are suppressing purchases, and the sales in the distribution areas are slower compared to the same period. The impact of citrus fruits such as tangerines and the weak festival stocking indicate insufficient demand resilience. Technically, the AP2605 contract rebounded after hitting the bottom during the day and consolidated with shrinking volume at the end of the session. In the short term, the price of the Apple AP2605 contract may fluctuate [12].