The price of eggs at the beginning of last week was 5.04 yuan/500g, and the price of eggs last weekend was 5.09 yuan/500g. The price increased by 0.99%, and the price increased by 31.31% compared with the same period last year.
Market analysis
The weather turned cooler, the egg production rate increased, and the production capacity of laying hens gradually recovered. With the recent drop in the price of scouring chickens, the number of scouring chickens has increased compared with the previous period, so the supply side is still in a balanced position as a whole. The double festival has fallen, terminal demand has strengthened, and the market mentality is cautiously optimistic. At present, the stocks of the breeding end and middlemen are limited, and the tentative increase in individual regions has provided certain support and boost to the overall mentality.
From January to August of 2021, the overall inventory of laying hens has not changed much, but the year-on-year decrease is significant, and the reduction of production capacity has achieved certain results. Among them, the newly opened laying hens are the replenishment chickens from April to May in 21, which is newer than that in August. The production capacity has not changed much. The amount of old chickens to be eliminated is theoretically from April to May of 20. In absolute terms, the eliminated amount is greater than the newly opened production.
Outlook forecast
Affected by the stocking of the college canteens, the terminal stocks are quickly sold, which drives up the price. After the stocking is completed, the supply of various links has increased slightly, and the terminal has a greater resistance to high-priced eggs, and the egg price has gradually stabilized.
