Price trend

According to the monitoring of SunSirs, the egg price at the beginning of this week was 9.96 RMB/kg, while the egg price at the end of this week was 10.06 RMB/kg, with a price increase of 1.00% and an increase of 11.90% compared to the same period last year.

Analysis review

Currently, the scale of new laying hens has decreased by about 4.6% on a month-on-month basis, and the increase in egg supply is limited. The overall supply is still tight. Recently, the replenishment demand in the downstream market has recovered, and the sales volume has increased. The inventory pressure in all aspects of production and marketing has weakened, and market demand has gradually improved. Catering, e-commerce, and food factories have gradually warmed up, and residents' purchasing enthusiasm has also improved.

The price of eliminated chickens has recently been at a high level, and farmers have increased their enthusiasm for eliminating chickens. In some production areas, the supply of large size eggs is tight, while the number of newly produced layers is increasing. The supply of small size eggs is sufficient. Overall, the inventory of laying hens is still at a historical low level, with slight changes in the inventory structure.

Market outlook

Supply is tight, and market demand is improving. It is expected that egg prices will tend to be volatile and stronger in the short term.

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