Newsletter summary

The current stock of laying hens is high.OldcrashbandicootThe number of new laying hens increasedOldcrashbandicootHowever, due to the small amount of old chickens, and the laying hens in the early moulting period entered the stage of efficient production, the supply of eggs was relatively abundant. May Day holiday is approaching, the breeding end to keep the mentality of standing price, downstream stock has increased, but the increase in consumer demand in the market is not obvious, it is expected that short-term egg prices will fluctuate slightly. Today, the average price of eggs in Shandong, the main producing area, is 6.Oldcrashbandicoot.81 yuan / kg, up 0% from yesterdayOldcrashbandicoot.09 yuan; the average price of eggs in Hebei was 6.65 yuan / kg, up 0.12 yuan from yesterday; the average price of eggs in Guangdong was 7.90 yuan / kg, the same as yesterday; and the average price of eggs in Beijing was 7.23 yuan / kg, up 0.09 yuan from yesterday.

Text of news flash

[there is an oversupply in the egg market, and there is no significant increase in demand before the May Day holiday, and prices are expected to fluctuate slightly in the short term.] at present, the supply of eggs in the market is relatively large, and the number of days in inventory continues to rise, while consumer demand has not increased significantly. Although the May Day holiday is approaching, there is no expected stock boom in the market, and the speed of egg delivery is still slow.

In terms of production, the number of new laying hens continues to increase, coupled with the early molting period of laying hens have also entered the production stage, resulting in an increase in the total supply of the market. However, although some farmers try to raise prices, the market demand is still weak, especially in the case of the coming festival, although the stock in the lower reaches has increased, but the overall demand growth is limited.

In terms of price, the average price of eggs in the main producing areas today varies. Among them, the average price of eggs in Shandong Province was 6.81 yuan / kg, up 0.09 yuan from yesterday; the average price of eggs in Hebei Province was 6.65 yuan / kg, up 0.12 yuan from yesterday; the average price of eggs in Guangdong Province was 7.90 yuan / kg, the same as yesterday; the average price of eggs in Beijing was 7.23 yuan / kg, up 0.09 yuan from yesterday.

Overall, egg prices are expected to fluctuate slightly in the short term due to oversupply. When investing in the secondary market, investors should pay close attention to the changes of market supply and demand in order to make reasonable investment decisions.