The price of eggs at the beginning of this week is 5.79 RMB/kg, and the price of eggs this weekend is 6.17 RMB/kg. The price rose by 0.56%.

Product: With each channel inventory from low recovery, the late egg delivery speed depends on consumption. The canteen group meal consumption brought by the resumption of work and early isolation of family consumption is more scene exchange, with marginal boost limited. The later marginal increment depends on tourism hotels and industrial consumption, and the current marginal increment is limited. Broiler was out of stock, while hairy chicken and chicken prices will be under stronger support. Elimination of chicken prices may also be boosted.

Elimination of Chicken: Elimination of layer was 106.09 million, a month-on-month increase of 0.6%. The reserve chicken inventory was 287 million, with a month-on-month increase of 3.55% and a year-on-year increase of 34.79%. The total number of laying hens in China was 1.422 billion, a decrease of 0.69% from the previous month and a year-on-year increase of 12.91%.

Market Forecast: The certainty of marginal increase of egg supply side is strong, and the improvement of demand side is limited.

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