According to the monitoring of SunSirs, the egg price was 9.01 RMB/kg at the beginning of this week, and 8.81 RMB/kg at the end of this week. The price decreased by 2.22%, and the price increased by 1.03% compared to the same period last year.

In terms of spot goods, as temperatures and rainfall increase in various regions, egg storage time is reduced. In addition, the southern region will enter the rainy season, and an increase in air humidity can easily lead to moldy eggs. Downstream links may reduce procurement volume; In addition, the demand for eggs in schools is gradually weakening, and the market demand may decrease month on month.

The main new laying hens launched in June were those that were replenished before and after February. The number of replenished chicks in February was 18.56% month on month. In terms of chicken elimination, many breeding units plan to eliminate low egg production rates and suitable age laying hens before the Dragon Boat Festival. In addition, there is still a risk of a decline in egg prices, and the enthusiasm of breeding units to search for chickens may increase, resulting in an increase in the number of eliminated chickens.

The egg market is experiencing sluggish sales, with egg prices continuing to decline. It is expected that egg prices may fluctuate mainly in a narrow range in China in the short term.

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