According to the monitoring of the Commodity Market Analysis System of SunSirs, the egg price at the beginning of this month was 9.45 RMB/kg, and at the end of this month, the egg price was 10.83 RMB/kg, with a price increase of 14.60% and a price increase of 1.79% compared to the same period last year.

The current market is experiencing an increase in the number of newly produced laying hens, and the enthusiasm for eliminating old chickens is not high. The inventory of laying hens continues to increase month on month. However, the high temperature and hot weather continue, and the feed intake of laying hens is low, and the nutrition cannot meet the demand. The egg production rate of laying hens is difficult to return to normal in the short term, and the egg supply is still affected.

The egg production rate and egg weight of laying hens have both decreased, and the supply of large-sized goods is tight. In addition, with the emergence of plum blossoms in the south, market demand has significantly increased, and egg prices have shown a significant upward trend. Although the number of laying hens on hand increased in August, due to the high temperature weather, the egg production rate and egg weight could not recover to the normal level for the time being, and the large size supply may still be tight. In addition, due to the school opening and the Mid-Autumn Festival stock boost, egg prices may continue to rise.

Major primary and secondary schools are gradually preparing for the start of the school season, coupled with the boost of the Mid Autumn Festival and National Day holidays, and the willingness of processing plants and traders to prepare before festivals has also increased. It is expected that the short-term trend of egg prices may be mainly strong and volatile.

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