Price trend

On the 6th, the domestic egg price was 9.07 RMB/kg. The festival in the second quarter will increase the terminal demand and drive egg consumption, and the overall demand will be better than that in the first quarter.

Analysis review

In the short term, there are many uncertain factors in the new crown epidemic, which will also directly affect the terminal consumption; the prices of corn and soybean meal may continue to be strong in the later stage, and the cost of laying hens will continue to fluctuate at a high level, which will play a certain supporting role in the current high price.

Market outlook

It is expected that egg prices may continue to rise in the second quarter.

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