Guoxin Futures: Apple near-month contracts rise, watch for holiday stockpiling.

Apple futures are rising. The main contract AP2605 is holding a bullish-leaning sideways range; it is up about 1% from the previous trading day, with open interest down by 0.2万 lots to 4万 lots. According to Zhuochuang Information, as of April 1, 2026, the apple prices in Qixia, Yantai, Shandong are stable: tentative bid quotes for first- and second-tier apples above 80#以上一二级果农片红意向报价3.7-4.0元/斤，条纹货源价格4.0-4.7元/斤；客商货80# are 4.2-5.2 yuan per jin. The mainstream transaction price for apples at 80#以上果农一二三级货源价格3.0-3.5元/斤，统货价格2.5-3.0元/斤。70# is 2.2-2.3 yuan per jin. Prices for low-quality sources are falling; therefore, during the cold-storage apple sales period, the price spread between large and small fruit may further widen. With holiday stockpiling underway, shipments from producing areas are relatively slow, and some traders’ purchasing enthusiasm has declined. Keep an eye on shipment progress in producing areas; the suggested trading approach is to treat it with a range-bound fluctuation mindset. (Guoxin Futures)