The price of eggs at the beginning of this week is 5.88 RMB/kg, the price of eggs this weekend is 5.88 RMB/kg, the price is stable.

Product: At present, the national starting time is initially set after the middle of March. However, only a few provinces students return to school, while most provinces continue to delay the beginning of school, or start online courses, so the demand for schools is still not started. The food and beverage industry have been slow to recover, with most restaurants now relying solely on takeout. There is cold demand and price pressure downward.

Layer Storage: Eliminated chicken prices have recovered in the short term, and it is expected to eliminate the chicken out of the column or recovery rose. Because eliminate chicken’s price is general. At present, it was in normal eliminate rhythm, which won't reduce the supply of current egg excessively. If there is a large amount of chicken out after June, it may affect the supply of eggs. In particular, it is necessary to pay attention to the current supplementary column and the subsequent elimination of the chicken column.

Forecast: In the short term, due to the production of chicken stock at a high level with an increasing trend, and fewer eliminate chickens, it is expected that the pressure of egg supply will increase. The price will be weak in the short term.  

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