Since this year, many people must have found that the price of apples has suddenly become expensive. In some supermarkets, ordinary apples have sold for 12 yuan a kilogram. Why is Fuji red so expensive for reference.
Why are red Fuji apples so expensive this year
Shaanxi is the largest apple Province in China. Chen Changjian, an apple grower in Luochuan County, has planted seven mu of Red Fuji apples. At the beginning of April 2018, Shaanxi, Ningxia, Shanxi and other places experienced frost that was not seen in 50 years, and their fruit trees were not spared. They only received 42000 kilograms of apples, 40% less than that in 2017. But fortunately, due to the small number of apples last year, his family's apples sold late, and the purchase price was higher than any year. Red Fuji Apple sold for five yuan a kilogram, but due to the frost, he still received 20000 yuan less than in previous years.
Apple prices have soared all the way, but Apple dealers in Luochuan have entered a new stage
The most leisure time of the year. A large fruit trader received 7.9 million kilograms of apples at the price of 4 yuan to 4.5 yuan in October 2018. With the sharp rise of the market, the ex warehouse price of apples increased from 6 yuan per kilogram in April to 7 yuan per kilogram in May until there was no inventory.
During this year's May Day holiday, this enterprise can only buy other people's goods to sell. When the purchase price exceeded 6 yuan, it bought more than 300000 kilograms of goods. Buy at a high price and sell at a high price. Finally, these apples were sold at a price of 8 yuan per kilogram, making a full profit of 2 yuan per kilogram. Not only that, Apple's ex warehouse price is still rising. By the beginning of June, the price has soared to 8.5 yuan per kilogram, some ex warehouse prices have reached 10 yuan, and even some dealers have a large amount of inventory in the cold storage, so they plan to
Until the end of August.
Qingyang, Gansu: there is a serious shortage of goods. It is difficult to find a fruit. Futures and spot prices have soared all the way. Qingyang, Gansu is an emerging main apple producing area after Yantai, Shandong and Luochuan, Shaanxi. Lei Sheng, a fruit farmer in Sanxing village, Qingyang, Gansu Province, earned 600000 or 700000 yuan in summer in previous years. Affected by freezing injury last year, his family lost more than 90% of its apple production and only earned 40000 or 50000 yuan. Not only his family, but also their village and the next village have almost no harvest. Geng Libao, a fruit farmer in guzui village, lost 200000 yuan last year and had no money to pay the workers. 1.7 million mu of apples were planted in Qingyang, and only 900000 tons were produced in 2018, with an average decrease of 40% per mu compared with 2017. The wholesale price of apples is rising. On June 1, the ex warehouse price of local Red Fuji in Qingyang was close to 10 yuan per kilogram. In 2017, good apples with a fruit diameter of more than 80mm were about 3 yuan per kilogram. Not only the price is rising all the way, but also a fruit is hard to find. There are no apples in many cold stores.
The largest apple dealer in Qingyang, Gansu Province, only one of the 19 cold storages still has a small amount of apples in it. However, Jiao Jie, general manager of the company, said that these apples are not used for wholesale, but for Apple futures delivery. They are the first company in Qingyang to be approved by Zhengzhou Commodity Exchange for Apple futures delivery. Since last October, Apple's price has soared in both the futures market and the spot market. Jiao Jie said that their combination of futures and spot made the company a big profit this year and doubled its earnings. Futures trading pushes up prices apple turns into "golden fruit" on December 20, 2017, Zhengzhou Commodity Exchange launched Apple futures trading, which started a soaring mode from late February 2018. Although many apple futures investors don't even know where Apple is, this wave of market has made some investors taste the sweetness. Sun Guobin, head of a fruit professional cooperative in Penglai City, Shandong Province, said that he has been doing Apple wholesale for more than ten years. Last year, apples didn't sell much, but he made a lot of money from the futures market. How much can you earn? He told reporters that he once bought Apple futures at the price of 10500 yuan and finally sold it at 14500 yuan. According to Apple's futures trading rules, the first-hand contract is 10 tons and the contract price is 105000 yuan. You can buy the first-hand contract with 10% of the contract deposit, that is, 10500 yuan. In short, investors only need to use 10500 yuan of contract margin to pry 105000 yuan of Apple futures contract. When the futures price rose to 14500 yuan, that is, when the contract rose to 145000 yuan, investors realized a profit of 40000 yuan.
Apple, which makes futures delivery, just signed a sales agreement with sun Guobin's company on May 31. The price of an apple with a fruit diameter of 85 mm is 8.8 yuan per kilogram, and the price of an apple with a fruit diameter of 80 mm is 8.5 yuan per kilogram. The final value of this agreement is 2.6 million yuan. With this alone, sun Guobin can earn more than one million yuan. In recent months, apple futures have almost been called "golden fruit" by some investors. The shortage of cash and the story of wealth creation in the futures market promoted more funds to flow into the apple futures market. On May 11, 2018, the turnover of the apple futures market was 195.7 billion yuan. The market was closed on May 11 and 12. As soon as the market opened on May 16, the turnover reached 616.3 billion yuan, an increase of 214% in just three trading days. △
The transaction amount of Apple futures market increased significantly, and the sharp rise of Apple futures price is closely related to the shortage of apple spot. At the same time, the rise of futures price also contributed to the rise of apple spot price.