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Huanggang egg market on October 10, 2024

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October 10, 2024, 10:26 AM

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The price of pink shell eggs in Huanggang and Xishui market stabilized at 45 jin and 204 yuan today; the brown shell egg market stabilized at 4.35 yuan yesterday and is expected to remain stable today; and the price in the old hen market is volatile.

Summary of the daily operation of the national egg market yesterday and analysis of today's market luck.

Yesterday, the goods in the market were still ordinary, and the price of eggs still fell steadily.

Price trend of eggs and knockout chickens yesterday. The price of eggs across the country fell steadily yesterday. The average price of eggs in the main producing areas was 4.33 yuan / jin, which was 0.03 yuan lower than that of the day before; the average price in the main selling areas was 4.69 yuan / jin, which was 0.03 yuan lower than that of the day before; the price of old hens in the main producing areas was partially stable and fell in part, and the average daily price of old hens was 6.35 yuan per jin, which was 0.06 yuan lower than that of the day before yesterday.

Analysis of the driving factors affecting yesterday's market price of the day.

Egg market analysis. Supply: the breeding units ship with the opportunity, and the supply of goods in the production area is stable. Demand: most markets are generally digested, but generally better than industry expectations. Inventory: yesterday, the average inventory of the national production link is about 1.8 days, and that of the circulation link is about 1.7 days. Supply and demand in the market are roughly balanced. Raw materials: the price of corn yesterday was higher than that of the previous working day. According to Zhuochuang Information data Monitoring, the national average price of corn was 2105.82 yuan / ton on October 9, up 2.31 yuan / ton from the previous working day, up 0.11%, down 6.84% month-on-month, and 22.43% lower than last year. The average price in Beigang fell 10 yuan / ton, the average price in central China rose 10 yuan / ton, and the average price in the southwest market rose 20 yuan / ton. The amount of new grain in Northeast China has increased one after another, but the demand is limited, corn shipments in producing areas are not fast, and the operation enthusiasm of port traders is poor. Deep processing enterprises in North China purchase on demand, but the intention of selling grain at the grass-roots level is not high, and the pace of market purchase and sale is not fast. Soybean meal futures M2501 of Dalian Commodity Exchange closed at 3026 yuan / ton, down 26 yuan / ton, or 0.85%. (source: Dashang) yesterday the average spot price of soybean meal across the country was 3087 yuan / ton, down 11 yuan / ton from the previous working day. Yesterday first rose and then fell, the spot price of soybean meal adjusted frequently, and the national average price continued to decline. Fundamental oversupply pattern has not changed, intraday news has been disturbed. The spot supply pressure of the upstream enterprises still exists, and some of them carry out the long-month basis contracts such as June-September 2025; after the demand end, the spot rigid demand replenishment, the attitude is cautious.

Market analysis of old hens. Supply: recently, the enthusiasm of breeding units to eliminate old chickens is still general. Demand: the sales volume of farmers' market is slightly less, and the purchase volume of slaughtering enterprises is limited. At present, the increase in the number of old hens is small, and the downstream demand is not much, and the market still shows the characteristics of weak supply and demand.

Industry insiders on today's market forecast mood survey. Zhuochuang Information Daily surveys the mood changes of 200 mainstream buyers and sellers, and it is expected that most of the national egg prices will stabilize today, and a few will still adjust slightly.

Today's market forecast. Eggs: egg supply remains stable, aquaculture units are more active shipments, downstream digestion speed is generally general, surplus volume is not much, it is expected that today's national egg prices may be mainly stable, some areas still have a small adjustment. Old hen: the enthusiasm of breeding units to eliminate old chickens is general, the enthusiasm of downstream procurement is lower than that before the festival, and the trading volume is lighter. It is expected that the price of old hens across the country will be weak and stable today.

Today, most of the national egg market prices are weak and partially stable, and the general trend remains unchanged in the traditional off-season. The four major sales areas Beijing stopped falling and stabilized, Shanghai stable, Fujian, Guangdong markets are also estimated to be mainly weak and stable. Yesterday, Guangzhou Yutou market arrived, normal delivery, normal weak prices fell, Dongguan market arrival increased by 61 cars compared with the day before yesterday, weak prices brown rose pink stable, eggs into the traditional off-season trend remains unchanged, some people ask when can bottom? This question is not easy to answer, but one thing is certain, that is, when the arrival volume of cars in the Dongguan market can last more than 10 days and reach more than 80 vehicles, and its price no longer falls, that is, the bottom. The goods in the intermediate link are all manipulated before they fully reach the terminal, even if they do not fall for a short time, then there will definitely be a thunderstorm at some time before the Spring Festival.

Huanggang market has a large stock of laying hens, a high degree of scale, the largest number of traders but less sales, especially the completion of Huazhong (Lishui) egg trading center has become the center of national concern. I hope that the vast number of egg merchants in Huanggang will strive for a unified quotation and put their mind into management. trading enterprises with daily trade volume of less than 3000 boxes in various counties and cities do not provide quotations to Zhuochuang, which actually does not work. At the same time, it is hoped that the vast number of aquaculture enterprises will consciously boycott small merchants and hawkers, be the intermediate force in maintaining market order, and straighten up their own eggs.

The situation of goods delivery at various egg outlets in the Huazhong (Xishui) Egg Trading Center is still poor, and trading companies in the sales area have a strong wait-and-see attitude and rarely get goods. Looking at the overall situation, the characteristics of the off-season are obvious. Although the speculation sentiment in the national market is generally obvious after the second round of sharp price declines, it will still only be a rebound and correction during the downtrend. The downward trend in the off-season has not changed. Be careful to copy the bottom. In the middle of the mountain, after all, capital eggs are still wandering around on the way. If all these goods are not unloaded at the terminal of the sales area and consumed by the market, it will always be a hidden danger. Therefore, the price of eggs in Huanggang and Xishui has stabilized at 45 kilograms and 204 yuan today, with a decrease of 3 yuan for less than 44 kilograms and less than 201 yuan, a decrease of 4 yuan for less than 38 kilograms and less than 182 yuan, and the same price for less than 170 yuan for less than 35 kilograms. The price of brown-shell eggs stabilized yesterday at 4.35 yuan per catty for large size eggs, 10 cents per catty for medium size eggs, and 10 cents per catty for small size eggs. It is expected to remain stable today.

The old hen market is still reluctant to sell, but the purchase volume of slaughtering companies has generally decreased, and the live poultry market is no longer active. Old chicken companies are probably still immersed in the mood of still high expectations, so old chickens continue to delay selling, so the pattern of chicken prices fluctuating with egg prices will continue. This special problem in the chicken market this year may last until the Spring Festival. Today, the price of old hens is quoted at the slaughterhouse as 5.8 to 5.9 yuan, and for live poultry is quoted at 6.0 yuan; for chickens that have not been completed, it is quoted at 6.1 yuan, and for brown chickens is quoted at 6.4 to 6.5 yuan. Your own chickens are the makers. I can't answer you why. I can only say that the quotation is a reference and cannot be used as the basis for your transaction.

(Source: Huanggang Egg Association)

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