Price trend

According to the monitoring of SunSirs, the egg price at the beginning of this week was 10.09 RMB/kg, while the egg price at the end of this week was 10.14 RMB/kg, with a price increase of 0.50% and a year-on-year increase of 13.30%.

Analysis review

As of the 24th, egg prices in the main sales areas were mainly rising, while the overall supply was still tight. The food factory's stock preparation for the Tomb Sweeping Festival was almost at an end, and the inventory in the production areas increased to 1-2 days; In the southern sales area, there were too many goods arrivals and shipped slowly. Egg prices in production and marketing areas continued to hang upside down, with traders in the second and third batches experiencing significant losses and poor willingness to take goods.

Although the price of eggs in foreign countries had skyrocketed due to the impact of avian influenza outbreaks and rising breeding costs, there were fewer outbreaks of avian influenza in China, and the overall supply of eggs was still relatively sufficient. In addition, the overall demand was stable, and the sales volume in the sales area was not large. Due to the arrival of the Qingming Festival in the later stage, the downstream replenishment volume may have a slight increase.

Market outlook

As of the end of the weekend, supply was tight and market demand was improving. It is expected that in the short term, the trend of egg prices may be mainly volatile and stronger.

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