Ruida Futures(SZ:002961) Rui Da Qi Huo·2026-01-08 09:08Report Industry Investment Rating - No relevant content provided Core Viewpoints - As of January 7, 2026, the inventory of apple cold storage in the main producing areas of China decreased by 126,600 tons compared with last week, and the de - stocking speed increased slightly month - on - month but was still lower than the same period last year. The market price of high - quality Fuji apples in the cold storage was relatively stable, and the general fruit farmer's goods were priced according to quality. The overall trading atmosphere in the producing areas was not strong, and most merchants purchased on demand. In the Shaanxi producing area, the trading volume of fruit farmers' goods increased slightly, while in the Shandong producing area, the transactions were sporadic. The downstream traders replenished their stocks cautiously, and the trading of fruit farmers' goods was light. In the sales area, fruits such as cherries and citrus were popular, but as the producing areas entered the festival stocking stage, the short - term price would run strongly [2] Summary by Directory Futures Market - The closing price of the main apple futures contract was 9,531 yuan/ton, and the main contract's open interest was 122,541 lots, a decrease of 11,108 lots. The net long positions of the top 20 futures holders were 5,464 lots, a decrease of 1,061 lots [2] Spot Market - The spot price of apples in Gansu Jingning (paper - bagged, above 75) was 5.25 yuan/jin, and that in Shandong Yiyuan (paper - bagged, above 75) was 2.4 yuan/jin, both unchanged. The spot price of apples in Shaanxi Luochuan (paper - bagged, above 70 semi - commercial) was 4.2 yuan/jin, and that in Shandong Yantai Qixia (paper - bagged, above 80 second - grade fruit farmers' goods) was 4 yuan/jin, both unchanged [2] Upstream Situation - The annual apple output in China was 51.2851 million tons, an increase of 1.6834 million tons [2] Industry Situation - The weekly wholesale price of apples was 9.43 yuan/kg, and the average wholesale price of Fuji apples was 9.1 yuan/kg, a decrease of 0.04 yuan/kg. The storage capacity ratio of Shaanxi apples was 55.35%, a decrease of 0.80%, and that of Shandong apples was 51.85%, a decrease of 0.57%. The total inventory of national apple cold storage was 7.209 million tons, a decrease of 126,600 tons. The monthly export volume of apples was 120,000 tons, an increase of 40,000 tons. The monthly import value of fresh and dried fruits and nuts was 11.17946 million US dollars, a decrease of 2.16418 million US dollars. The year - on - year export value of apples decreased by 216,418 [2] Downstream Situation - The weekly wholesale price of pears was 6.71 yuan/kg, a decrease of 0.04 yuan/kg; the weekly wholesale price of bananas was 6.93 yuan/kg, an increase of 0.05 yuan/kg; the weekly wholesale price of watermelons was 5.84 yuan/kg, an increase of 0.03 yuan/kg. The average daily arrival volume of trucks in the morning at the Guangdong Jiangmen wholesale market was 17.25 vehicles, a decrease of 1.35 vehicles; that at the Guangdong Xiaqiao wholesale market was 21.25 vehicles, and that at the Guangdong Chalong wholesale market was 31.75 vehicles, a decrease of 4.05 vehicles [2] Options Market - The implied volatility of at - the - money call options for apples was 25.08%, an increase of 0.1%, and the implied volatility of at - the - money put options for apples was 25.08%, an increase of 0.09% [2]