苹果市场周报-20260116

1. Report Industry Investment Rating - No information provided 2. Core View of the Report - This week, the price of the Apple Futures Contract 2605 declined, with a weekly drop of approximately 1.53%. The apple - producing areas have started the Spring Festival stocking, but the overall stocking atmosphere is rather weak. As of January 14, 2026, the cold - storage inventory of apples in the main producing areas across the country was 7.0466 billion tons, a decrease of 162,500 tons from the previous week. The inventory - removal speed accelerated compared to the previous week, but it was still lower than the same period last year. The market in the sales areas has slow movement, with overstocked transit warehouses and few customers. The apple futures price may run weakly in the short term. [4][10] 3. Summary by Relevant Catalog 3.1. Week - to - Week Highlights Summary - The price of the Apple Futures Contract 2605 dropped this week, with a weekly decline of about 1.53%. The apple - producing areas are in the Spring - Festival stocking period, but the atmosphere is light. The national main - producing - area cold - storage inventory decreased by 162,500 tons week - on - week as of January 14, 2026, with an accelerated but still below - last - year - level de - stocking speed. The sales in the Shandong producing area slightly accelerated but remained sluggish, and the de - stocking in Shaanxi also increased slightly. The sales area has overstocked transit warehouses and slow movement. The apple futures price may be weak in the short term. [4] 3.2. Futures and Spot Markets 3.2.1. Futures Market - The price of the Apple Futures Contract 2605 fell by about 1.53% this week. As of this week, the net position of the top 20 in apple futures was 2,688 lots, and the number of apple futures warrants was 0. [10][17] 3.2.2. Spot Market - As of January 16, 2026, the mainstream price of 80 and above first - and second - grade fruit - grower goods of bagged Red Fuji in Qixia, Yantai, Shandong was 3.7 yuan per catty, and the price of bagged Fuji apples of 75 and above in Yiyuan, Shandong was 2.40 yuan per catty. [20] 3.3. Industry Situation and Options 3.3.1. Industry Chain Situation - Supply Side: As of January 14, 2026, the cold - storage inventory of apples in the main producing areas across the country was 7.0466 billion tons, a week - on - week decrease of 162,500 tons. The de - stocking speed accelerated compared to last week but was still lower than the same period last year. The storage capacity ratio in the Shandong producing area was 51.17%, a decrease of 0.68% from last week, and that in the Shaanxi producing area was 54.32%, a decrease of 1.03% from last week. [25] - Demand Side: - As of January 15, the average daily number of early - morning arriving vehicles at the main apple wholesale markets in Guangdong increased, and the profit of 80 first - and second - grade apple storers was suspended (represented by 0). [29] - As of January 9, 2026, the average wholesale price of all apple varieties was 9.33 yuan per kilogram, a week - on - week decrease of 0.10 yuan per kilogram, and the wholesale price of Fuji apples was 9.17 yuan per kilogram, a week - on - week increase of 0.01 yuan per kilogram. [33] - As of January 9, 2026, the weekly average wholesale price of 5 types of fruits (including Fuji apples, bananas, grapes, pears, and watermelons) was 7.80 yuan per kilogram, a week - on - week increase of 0.03 yuan per kilogram. [37] - In November 2025, China's fresh - apple exports totaled about 121,600 tons, with an export value of 123,853,780 US dollars and an average export price of 1,018.09 US dollars per ton. The export volume increased by 51.24% month - on - month compared to October and 12.38% year - on - year compared to November 2024. [40] 3.3.2. Options Market - No specific analysis content provided, only mentioned the implied volatility of at - the - money apple options this week. [41] 3.4. Futures - Stock Correlation - Only the price - to - earnings ratio chart of Honghui Fruit & Vegetable was presented, without specific analysis. [43]