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SunSirs: Delivery Slows down, China's Egg Price Callback

August 10 2020 09:39:39     SunSirs (Linda)

Main egg producing area price

According to SunSirs monitoring, the price of eggs was 4.12 yuan/kg at the beginning of last week, and the price of eggs was 3.81 yuan/kg at the end of last week, and the price dropped by 7.52%.

As the domestic epidemic prevention and control situation continues to improve, all walks of life are steadily advancing the resumption of work and production. The catering industry that has been hit hard during the epidemic continues to recover. However, as the consumption of eggs during school holidays has declined, prices have fallen.

As of the end of July, the national stock of laying hens was 1.297 billion, an increase of 6.38% over the same period last year; the stock of laying hens was 1.213 billion, a decrease of 2.73% from 12.47 in the previous month and an increase of 8.50% over the same period last year. ; The stock of reserve chickens was 216 million, a decrease of 4.85% from 2.27 of the previous month, and a decrease of 29.87% from the same period last year; the number of laying hens in May was 40.76 million, a decrease of 51.19% from the previous month of 83.51 million. This is a decrease of 61.35% over the same period last year; the number of eliminated in May was 85.79 million, an increase of 76.85% over the previous month's 4851 and an increase of 57.50% over the same period last year.

Market outlook

With the arrival of the school season in September and the impact of the Mid-Autumn Festival and National Day, pastry manufacturers have begun to stock up and demand gradually enters the peak season. The price of eggs may continue to rise, and the highest peak is expected to appear in September.

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

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