According to the monitoring of the Commodity Market Analysis System of SunSirs, the egg price was 9.45 RMB/kg at the beginning of this week, and 9.72 RMB/kg at the end of this week. The price increased by 2.86%, and the price decreased by 2.11% compared to the same period last year.

The number of newly opened laying hens continues to be higher than the actual number of eliminated chickens. Despite the high temperature weather suppressing the laying rate of laying hens, the stock of laying hens continues to recover, and the supply of eggs continues to be loose. 8. September is the traditional peak season for consumption, and the industry has increased expectations for the future market. The willingness of households to support prices is also strong. In addition, with the gradual recovery of tourism and catering in various regions, plum blossoms are gradually emerging in the south, driving market volume, increasing downstream purchasing enthusiasm, and overall sales have increased.

The profits of laying hens have significantly increased, and the financial pressure on farmers has eased. Encouraged by autumn restocking, farmers' restocking sentiment has rebounded, and the phenomenon of inquiring about chicken seedlings has increased. The progress of chicken seedling restocking has slightly accelerated. As the Mid Autumn Festival approaches, consumption gradually rebounds, and the willingness to purchase goods under low inventory in the early stages of the industry increases. Before the festival, there is a stage where industries and residents prepare goods in advance, and the consumer side raises the focus of egg prices.

As the holiday approaches, the supply and demand of eggs may both increase, and the center of gravity of egg prices will gradually fluctuate and shift upwards. It is expected that egg prices may mainly show an upward trend in the short term

If you have any questions, please feel free to contact SunSirs with support@sunsirs.com.