Group 1 - The domestic futures market for agricultural products shows mixed results, with egg futures experiencing a strong upward trend, reaching a high of 3009.00 yuan per 500 kg, reflecting an increase of approximately 2.52% [1] - Current egg prices are under pressure due to significant supply-side challenges, with no clear signs of excess capacity being eliminated, leading to a continued weak price outlook [1][2] - The national inventory of laying hens remains at a high level compared to the past five years, and the market is characterized by a stalemate between slaughterhouses and farmers, resulting in limited changes in the market dynamics [1][2] Group 2 - Short-term forecasts indicate that egg prices have hit new lows, with accumulated inventories and weak downstream demand, leading to a wide fluctuation in the main contract within the range of 2800 to 3000 yuan [1] - The medium-term outlook suggests that while inventories are decreasing, the supply-demand imbalance persists, with high ages of chickens affecting supply pressure, indicating limited upward momentum for current prices [2] - Long-term projections highlight that the continuous increase in egg-laying capacity may extend the price bottom cycle, necessitating patience for the market to adjust through the elimination of excess capacity [2]
供强需弱格局不改 鸡蛋主力合约低位宽幅震荡
Jin Tou Wang·2025-10-23 06:00