产能过剩格局难改变 鸡蛋期货继续维持偏弱运行

Core Viewpoint - The egg futures market is experiencing a significant decline, with the main contract dropping nearly 5% and reaching a low of 2840.00 yuan, indicating a bearish trend in the market [1][2]. Group 1: Market Performance - The main egg futures contract reported a price of 2870.00 yuan, reflecting a drop of 4.90% [1]. - The national average price for eggs in major production areas is reported at 3.60 yuan per jin, with lower price areas at 3.43 yuan per jin [4]. Group 2: Supply and Demand Dynamics - The domestic egg market is characterized by strong supply and weak demand, with holiday consumption being low, exacerbating the oversupply situation [3]. - Despite an increase in the culling of hens, it is insufficient to offset the new supply, leading to a bearish outlook for the market [3][4]. - The supply volume has reached its highest level in nearly five years, with an increase in egg-laying rates and new production chickens contributing to the oversupply [4]. Group 3: Future Outlook - Analysts suggest that the egg futures market will continue to operate in a weak manner, with expectations of a bottoming out phase and a cautious approach to trading [2][3]. - The trading atmosphere is weakening, with a notable increase in the bearish sentiment among producers regarding future egg prices [4].