The price of eggs was RMB 9.54 yuan/kg at the beginning of this week and RMB 9.36 yuan/kg at the end of this week, a drop of 1.89%.

Products: With the end of pre-festival stocks in food factories and terminals, the market demand decreases and the eggs go slowly, so the price of eggs goes down gradually. Egg prices continued to decline in early October, but with the end of the holiday, egg prices have gradually stopped falling and stabilized.

Industry chain: In September, 1,236.9 million layers were in stock, accounting for 71.09% of the total number of layers, which was higher than that in August. Under the stimulation of high profits, the stock of laying hens rose again, but the range was lower than the market expectation. With the cooling of the weather and the gradual recovery of egg production rate, short-term supply has increased, and egg prices have fallen, but the extent is lower than market expectations.

Forecast: With the end of egg stock, the price of eggs has fallen, but there is little room for it. Considering the low stock of live pigs and slow recovery of breeding this year, winter is the peak period of meat and eggs consumption. With meat prices continuing to rise, the expectation of an increase in egg consumption is clearer, and prices are expected to fall in the short term.

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