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SunSirs: Egg Transactions Were Blocked, and Prices Fell
March 30 2022 09:01:22SunSirs(John)

Price trend

As of the 29th, the domestic egg price was 8.79 RMB/kg

Analysis review

The blockades brought about by this round of epidemics may become normal in the second quarter. Therefore, the consumption of eggs in the second quarter is still under severe pressure. Special catering and tourism consumption is expected to face the most serious test after the epidemic in 2020. It is currently the off-season for egg consumption. In addition, vegetables are gradually coming into the market in spring and summer, and egg replacement consumption will also decline.

Market outlook

Egg prices are expected to remain weak.

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