Group 1 - The domestic futures market for agricultural products shows mixed performance, with egg futures experiencing a downward trend, closing at 3450.00 CNY/ton, down 3.57% from the day's high of 3450.00 CNY and low of 3368.00 CNY [1] - Hualian Futures indicates that the rapid increase in egg prices has not met downstream consumption expectations, leading to slower sales in some markets. The supply remains ample due to high levels of laying hen stocks, which are expected to continue to rise [1] - According to Minmetals Futures, the increase in new laying hens and limited culling of old hens has resulted in a large supply, but high temperatures are affecting egg production rates. The demand side is becoming more active as egg prices drop to relatively low levels [2] Group 2 - Jianxin Futures reports that the stock of laying hens has been on the rise, with a monthly stock of approximately 1.356 billion hens as of the end of July, reflecting a 1.2% increase from June and a 6.2% increase year-on-year [3] - The current market is expected to see a seasonal adjustment in August, but historical trends suggest there will be at least one more price increase during this month. The pressure points for prices are estimated to be around 4.0-4.2 CNY [3] - The futures market may experience continued pressure if the spot prices do not recover in the coming week, with the September contract potentially facing further downward adjustments. However, if spot prices rise again, their sustainability will need to be monitored closely [3]
下游终端消费不及预期 鸡蛋期货宜波段操作为主
Jin Tou Wang·2025-08-04 06:00