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SunSirs: The Price Of Eggs Continues To Rise Under The Influence Of The Environment
November 04 2019 11:06:04SunSirs(Eva)

According to the monitoring of SunSirs, the price of eggs at the beginning of this week was RMB 11.28 yuan / kg, and the price of eggs at the end of this week was RMB 11.36 yuan / kg, an increase of 0.71%.

Product: affected by the price rise of relevant meat products, the price of eliminated chicken has been rising all the way. The increase in the number of eliminated chicken in breeding units has resulted in a small number of laying hens on hand, and the tight supply of eggs still exists. In terms of stock, in October, the number of laying hens in China was 1.239.6 billion, up 1.38% month on month, down 0.22% year on year. In September, the newly produced laying hens are mainly the ones in April and may. In April, the profits of laying hens are steadily increased, the enthusiasm of breeding units is stable, and the market of laying hens is in short supply.

Industry chain: in terms of chicken elimination, affected by centralized chicken washing by breeding units in September, there was not much supply in October, and some of them were reluctant to sell in order to lock in profits. In September, the number of laying hens increased month by month, and the overall number of laying hens increased. In addition, the laying hens entered the peak period in the middle and late October, the egg supply will gradually become loose in the fourth quarter, and the space above the eggs is limited.

Forecast: in the environment of high pork price, there is a certain rigid demand for eliminated chicken and eggs in the terminal market, and it is expected that eggs will mainly run in high-level oscillation in the fourth quarter.

If you have any questions, please feel free to contact SunSirs with marketing@sunsirs.com.

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