鸡蛋价格波动上行

Core Insights - The average wholesale price of eggs in China's agricultural markets has increased to 7.85 yuan/kg as of September 9, marking a 15.1% rise from 6.82 yuan/kg on July 6 [1] - Egg prices have been fluctuating due to various factors, including reduced production from small-scale farms and increased demand from food companies preparing for the Mid-Autumn Festival [1][2] - Despite recent price increases, the overall trend remains upward, with expectations for slight further increases in September [2][3] Price Trends - The average wholesale price of eggs on September 5 was 7.16 yuan/kg, up 1.99% from 7.02 yuan/kg on August 29, and up 14.93% from 6.23 yuan/kg on August 5 [1] - Year-on-year, the price has decreased by 30.75% compared to 10.34 yuan/kg on September 5, 2022 [1] - The price is currently at a near 10-year low, indicating limited upward momentum compared to previous years [2] Supply and Demand Dynamics - The supply of eggs is currently robust, with high production levels and sufficient inventory, which limits the potential for sustained price increases [3] - Factors contributing to the supply include a high number of newly produced laying hens and the ongoing operation of large-scale poultry farms [2] - Demand has been relatively weak, with a slight decrease in trading volumes in July and August compared to the previous year, and the timing of the Mid-Autumn Festival affecting consumer behavior [2] Future Outlook - As the Mid-Autumn and National Day holidays approach, there is an expectation for increased consumption, which may support a rise in egg prices [3] - The egg production industry is anticipated to maintain profitability as demand increases during the holiday season [3]