According to the monitoring of the Commodity Market Analysis System of SunSirs, the price of eggs at the beginning of this month was 8.10 RMB/kg, and at the end of this month, the price of eggs was 9.45 RMB/kg, an increase of 16.67%, and a decrease of 4.93% compared to the same period last year.

In terms of spot goods, due to the impact of high temperature weather in July, the egg production rate and egg weight of laying hens decreased, and the supply of large-sized eggs is limited. In addition, terminal confidence in the future market has increased, food factories are actively stocking up and plum blossoms are gradually emerging in the south. Market demand has turned from weak to strong, and egg prices have gradually increased during the month.

In terms of supply, due to the impact of high temperatures, the egg production rate of laying hens has decreased, and there is not much inventory pressure in various stages. The absolute value of the inventory of laying hens is still at a historical low, and supply is tight. In terms of demand, this week, driven by the peak summer tourism season, the consumption of catering has significantly increased. Downstream distributors have increased their enthusiasm for purchasing goods, and egg consumption has slightly increased. There is still a possibility of an increase in demand in the future.

In August, due to the continuous decline of temperature egg production rate, the supply of eggs is tight, in addition to the stock before the Mid Autumn Festival and the resumption of the school canteen at the end of the month, it is expected that egg prices in August will rise slightly.

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