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    Home > Active Ingredient News > Feed Industry News > Egg prices fell rapidly, falling by 9.73% in only 4 days, affected by the epidemic

    Egg prices fell rapidly, falling by 9.73% in only 4 days, affected by the epidemic

    • Last Update: 2023-02-03
    • Source: Internet
    • Author: User
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    ;

    Recently, Shanghai Steel Union data shows that since December 22, the national egg price has entered a rapid decline channel
    .
    As of December 26, the average price of the main producing areas in the country fell to 4.
    36 yuan / jin in just four days, down 0.
    47 yuan / jin from December 22, a drop of 9.
    73%.

    XTj-,

    Egg Information Network said on December 27 that at present, major producing areas such as Shandong, Henan, Hebei, Jiangsu, Hubei, and Liaoning have been affected by the epidemic, terminal consumption power has weakened, the source of goods has been slow to digest, and prices continue to decline
    .
    Among them, Liaoning fell the most, the average price of eggs in Liaoning production area on the 27th was 4.
    11 yuan / jin, down 0.
    22 yuan / jin from yesterday, a drop of 5%.

    XTj-,

    For the future trend of egg prices, the website analysis believes that the main reason is that the number of infected people in various places is increasing, residents are resting more at home, the flow of people is significantly reduced, logistics is also slightly unsmooth, the purchase and sales atmosphere of all links is flat, and consumption has shrunk significantly, so the decline in egg prices is difficult to change
    .
    At present, the peak of the epidemic has not yet passed, and the people of the whole country will have a slow process from infection to recovery, and the demand side may be difficult to find good in a short period of time, and the egg market may be relatively sluggish
    .
    XTj-,

    XTj-,

    Data source: Egg Information Network collated by CaiLian NewsXTj-,

    During the rapid decline of egg spot prices, egg futures prices also fell a lot, with the main contract 2305 on December 12 and December 13 falling by more than 4.
    1%, and the downward trend continued until the lowest point of 4155 yuan / 500 kg
    on December 26.
    XTj-,

    The number of infected people is increasing, and the market demand is weakXTj-,

    For the recent trend of egg prices, Soochow Futures pig and egg analyst Guo Dashun said that there are two main reasons for the recent sharp decline in egg prices: First, the amount of eliminated chickens at the breeding end is lower than expected, normally before the New Year's Day and Spring Festival is the peak of eliminated chickens, but the recent elimination of chickens has remained at the lowest level in the same period in the past five years, and the situation we understand may be related to the recent epidemic has led to a decrease in the operating rate of downstream slaughtering enterprises, thus causing a backlog
    of backward production capacity 。 Second, the recent market consumption is sluggish, sales in sales areas have declined, and the high egg price in the early stage has led to low enthusiasm for terminal procurement, coupled with the increase in the number of infection cases after the epidemic has been released, resulting in a decrease
    in out-of-home consumption.
    Combining the above two factors, we see that the number of days in stock of fresh eggs has risen relatively fast recently, whether in the production or circulation links, resulting in the rapid decline
    in egg prices in the near future.
    XTj-,

    Egg Information Network yesterday's report pointed out that on the 27th, the price of eggs in Beijing's major markets fell by 5 yuan per box, and the price of brown shell eggs in Shanghai fell by 3 yuan per box, and the prices in the two places have not stopped falling, and the price of eggs in production and sales areas continues to fall, and the transaction price in some areas has been lower than the cost, and some areas have stagnated due to the sparse flow of people, and eggs have fallen into a situation
    of priceless market.
    XTj-,

    The report also analyzes that the current situation of the new crown epidemic across the country is relatively grim, consumption has shrunk sharply, catering and dine-in demand is weak, food factory replenishment demand is weakened, and in the terminal retail market, residents' hoarding sentiment is biased, eggs are quite slow to go, and inventory in all links has risen
    slightly.
    It is understood that at present, the average inventory of domestic production areas has reached 1.
    6 days, the circulation link has reached 2.
    3 days, and the accumulation has reached 3.
    9 days, and the inventory pressure at the breeding end has increased sharply, and the shipping pressure has increased, which has aggravated the decline
    in egg prices.
    XTj-,

    ;
    ;

    Recently, Shanghai Steel Union data shows that since December 22, the national egg price has entered a rapid decline channel
    .
    As of December 26, the average price of the main producing areas in the country fell to 4.
    36 yuan / jin in just four days, down 0.
    47 yuan / jin from December 22, a drop of 9.
    73%.

    XTj-,

    Egg Information Network said on December 27 that at present, major producing areas such as Shandong, Henan, Hebei, Jiangsu, Hubei, and Liaoning have been affected by the epidemic, terminal consumption power has weakened, the source of goods has been slow to digest, and prices continue to decline
    .
    Among them, Liaoning fell the most, the average price of eggs in Liaoning production area on the 27th was 4.
    11 yuan / jin, down 0.
    22 yuan / jin from yesterday, a drop of 5%.

    XTj-,

    For the future trend of egg prices, the website analysis believes that the main reason is that the number of infected people in various places is increasing, residents are resting more at home, the flow of people is significantly reduced, logistics is also slightly unsmooth, the purchase and sales atmosphere of all links is flat, and consumption has shrunk significantly, so the decline in egg prices is difficult to change
    .
    At present, the peak of the epidemic has not yet passed, and the people of the whole country will have a slow process from infection to recovery, and the demand side may be difficult to find good in a short period of time, and the egg market may be relatively sluggish
    .
    XTj-,

    XTj-,

    Data source: Egg Information Network collated by CaiLian NewsXTj-,

    Data source: Egg Information Network Cai Lian News Agency collated data source: Egg Information Network Cai Lian News collated data source: Egg Information Network Cai Lian News collated

    During the rapid decline of egg spot prices, egg futures prices also fell a lot, with the main contract 2305 on December 12 and December 13 falling by more than 4.
    1%, and the downward trend continued until the lowest point of 4155 yuan / 500 kg
    on December 26.
    XTj-,

    The number of infected people is increasing, and the market demand is weakXTj-,

    The number of infected people is increasing, and the market demand is weak

    For the recent trend of egg prices, Soochow Futures pig and egg analyst Guo Dashun said that there are two main reasons for the recent sharp decline in egg prices: First, the amount of eliminated chickens at the breeding end is lower than expected, normally before the New Year's Day and Spring Festival is the peak of eliminated chickens, but the recent elimination of chickens has remained at the lowest level in the same period in the past five years, and the situation we understand may be related to the recent epidemic has led to a decrease in the operating rate of downstream slaughtering enterprises, thus causing a backlog
    of backward production capacity 。 Second, the recent market consumption is sluggish, sales in sales areas have declined, and the high egg price in the early stage has led to low enthusiasm for terminal procurement, coupled with the increase in the number of infection cases after the epidemic has been released, resulting in a decrease
    in out-of-home consumption.
    Combining the above two factors, we see that the number of days in stock of fresh eggs has risen relatively fast recently, whether in the production or circulation links, resulting in the rapid decline
    in egg prices in the near future.
    XTj-,

    One is two

    Egg Information Network yesterday's report pointed out that on the 27th, the price of eggs in Beijing's major markets fell by 5 yuan per box, and the price of brown shell eggs in Shanghai fell by 3 yuan per box, and the prices in the two places have not stopped falling, and the price of eggs in production and sales areas continues to fall, and the transaction price in some areas has been lower than the cost, and some areas have stagnated due to the sparse flow of people, and eggs have fallen into a situation
    of priceless market.
    XTj-,

    The report also analyzes that the current situation of the new crown epidemic across the country is relatively grim, consumption has shrunk sharply, catering and dine-in demand is weak, food factory replenishment demand is weakened, and in the terminal retail market, residents' hoarding sentiment is biased, eggs are quite slow to go, and inventory in all links has risen
    slightly.
    It is understood that at present, the average inventory of domestic production areas has reached 1.
    6 days, the circulation link has reached 2.
    3 days, and the accumulation has reached 3.
    9 days, and the inventory pressure at the breeding end has increased sharply, and the shipping pressure has increased, which has aggravated the decline
    in egg prices.
    XTj-,

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