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Trading Volume of AP2110 Decreased
April 16 2021 08:14:19Ruida Futures(Linda)

Domestic disk: Apple futures 2110 contract has a maximum of 5944, a minimum of 5790, and a closing of 5874, which is -0.61% from the previous trading day; trading volume is 482624; positions are 375396, +10021.

In the news: According to Zhongguo.com, the delivery of goods in Shandong production areas has improved slightly compared with the previous period. Merchants choose to purchase at low prices, and most of the fruit farmers sell goods. The transaction is based on quality. The fruit farmers of the western production areas are eager to ship, but they adjust the overall quality of the goods. The price range of good goods and bad goods is widened.

In terms of spot: Shandong Yantai Qixia Paper Bag Red Fuji Fruit Nong 80# and above the first and second grade prices are around 2.6-3.0 yuan/500g, and the paper bag Fuji 80# first and second grade piece red price is 2.4-2.7 yuan/500g.

Position analysis: the top 20 Apple futures contracts on the Zhengzhou Commodity Exchange had 250032 long positions, +2197; short positions 280535, +4827; net short positions were 30,503 lots.

Summary: The country's apple spot prices remain stable. In Shandong producing areas, the export speed of apples from cold storage has increased significantly compared with last week, mainly due to the decline in spot prices in the producing areas, which promoted the volume of goods; the speed of cold storage apples in Shaanxi producing areas has increased, and low-priced sources are acceptable. Some Customers purchase low-priced goods from e-commerce. However, the current inventory business profits are in a state of loss, and the willingness to sell apples at too low prices is not high, limiting Apple's decline. At present, the apple trees in the production area are in the flowering stage. Recently, snowfall has begun to appear in the northwest, especially in the northern part of Yan'an. As the output of apples in northern Shaanxi and other places is relatively small, the total output of apples is limited. Operationally, the Apple 2110 contract is temporarily traded in the 5700-6000 yuan/ton range for the time being.

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