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Huanggang egg market on September 30, 2024

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September 30, 2024, 8:36 AM

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The price of pink shell eggs in Huanggang and Xishui markets continued to drop by RMB 221 today; the price of brown shell eggs was lowered by RMB 4.55 yesterday and is expected to fall again today; and the price of old hens continues to fluctuate.

Egg prices rise first and then fall in September or continue to weaken in October?

Egg prices rose first and then fell in September. Boosted by the opening school season and Mid-Autumn Festival stock in the first ten days, domestic sales in many places sold quickly, helping egg prices rise to the highest level of the year. In the last ten days, as the holiday passed, the market demand weakened and egg prices fell rationally. In October, the supply pressure of eggs may decline, but there is no favorable support on the demand side, and prices will continue to decline.

The price of eggs rose first and then fell in September. As of September 26, the average monthly price in the main producing areas in September was 4.99 yuan per jin, an increase of 0.24 yuan per jin or 5.05 percent over the average price of 4.75 yuan per jin in August. Among them, the highest point of the year was 5.31 yuan / jin on September 12. The price of eggs rose first and then fell in September, which is closely related to the change in demand from strong to weak this month.

1. Although the stock column dropped in September, the egg laying rate gradually recovered, and the egg supply was still under pressure. According to the calculation of the number of newly opened laying hens and the number of eliminated laying hens this month, the stock of laying hens decreased slightly in September, with a month-on-month decline of about 0.33%. However, the current stock column is still at this year's high level, coupled with the cooler weather, laying rate and egg weight are gradually recovering. According to Mysteel data monitoring, as of September 26th (39th week), the average laying rate of laying hens in the country's main producing areas rose to 90.61%, so the actual egg production this month may be higher than expected, and the market supply is ample.

2. The school year begins in mid-early September and there is support for stock preparation in the Mid-Autumn Festival, and demand weakens rapidly after the festival. On the first day of September, the purchase volume of the canteen increased, boosted by the opening of school stock. Secondly, with the approach of the Mid-Autumn Festival, the demand volume of Shang Chao, e-commerce platforms and small food factories increased. At the same time, the high price of vegetables supported the price of eggs, and the price of eggs hit new highs again and again in the middle and early ten days. According to Mysteel data, sales in the sales area reached 7499.93 tons in the first week of September. The last ten days is after the Mid-Autumn Festival, during the holiday period, the terminal family egg reserve is more sufficient, the market demand weakens rapidly after the holiday, the volume of goods in production and marketing areas is reduced, and there is no doubt that the egg price will fall. Sales in the representative sales area fell to 7131.87 tons as of the fourth week of September, down 4.91 percent from the first week.

The egg market is weak in supply and demand in October, and egg prices may continue to decline. The stock of laying hens is expected to decline in October: according to the previous data of chicken seedlings, it is estimated that the number of old hens to be cleaned in October is 8% higher than the number of newly opened production, and the stock of laying hens is expected to decline in October. Considering that most of the breeding units have eliminated some old chickens in August and September, the current farming profits are still preferred, and the willingness of breeding units to eliminate them is general, and it is expected that the actual elimination of old chickens in October may be lower than the theoretical value, so the decline in the stock of laying hens in October may be lower than the expected value.

The market demand side continues to weaken in October: every year after the National Day, the egg market is in a seasonal off-season, the end-consumers' pre-holiday reserves have not been digested, and the post-holiday purchases have decreased significantly. At the same time, the orders of food enterprises are also reduced, the purchasing enthusiasm of food factories is reduced, and the downstream dealers maintain low inventory in order to avoid risks. Secondly, a large number of vegetables are on the market one after another, which will replace part of the demand for protein, and the overall demand for eggs in October is expected to turn weak, which is bad for egg prices.

Today, most of the national egg market prices are partially stable, the four major sales areas continue to fall in Beijing, Shanghai continues to fall, Fujian and Guangdong markets are also estimated to be dominated by weak adjustment. Yesterday, Guangzhou Guantou market arrival normal goods normal slow prices fell, Dongguan market delivery increased by 69 vehicles or so slow prices fell.

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.

Huazhong (Xishui) egg trading center of the egg point yesterday the situation is very general, to reduce the order of goods, stock increased, the pressure of each egg point increased. As a result, today, the prices of Huanggang and boiled water eggs continue to drop by $221 for 45 jin, $3 for less than 218 yuan for 44 jin, $4 for less than 194 yuan for 40 jin, and the same price for less than 181 yuan for 34 jin. Brown shell egg prices continued to fall yesterday, large eggs 4.55 yuan per jin, medium size plus 1 hair per jin, small size minus 1 hair, is expected to be reduced today.

The old hen market continues to fluctuate with egg prices, which is the main problem this year and is likely to last until the Spring Festival. As a matter of fact, the demand in the terminal market this year is very ordinary, so the slaughtering volume of various slaughtering enterprises has shrunk substantially, the frequency of holidays of slaughtering enterprises has not been seen over the years, and the performance of the live poultry market is also extremely mediocre. This year, under the effect of egg prices, old chickens are seriously cherished. This has effectively boosted the price of old hens again this year, but the pressure above shows. Today, the price of old hens is still quoted at 5.9 to 6.0 yuan in the slaughterhouse, but large-sized chickens and pink chickens weighing more than 4 jin are still rejected by the market, with prices only quoted at 5.6 to 5.7 yuan, live poultry market chickens at 6.05 yuan and brown chickens at 6.5 yuan to 6.6 yuan. The quotation is for reference and cannot be used as the basis for your transaction.

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