瑞达期货鸡蛋产业日报-20250521

Report Information - Report Title: Egg Industry Daily Report 2025 - 05 - 21 [1] - Researcher: Xu Fangli [2] - Futures Practitioner Qualification Number: F3073708 [2] - Futures Investment Consulting Practitioner Certificate Number: Z0017638 [2] Report Industry Investment Rating - Not provided Core Viewpoints - Corn's firm spot price supports egg costs, and after continuous decline, egg prices are at a low level for the year, with market replenishment demand at low prices, and pre - Dragon Boat Festival stocking may provide some support. However, the current laying - hen inventory is high, the pressure of newly - opened laying hens from previous replenishment is large, and the supply of eggs is relatively abundant, so the pattern of strong supply and weak demand is difficult to change. If the spot price remains low later, it may force an increase in the enthusiasm for old - hen culling and a decrease in replenishment enthusiasm, which is beneficial to forward prices. Pay attention to the impact of spot prices on laying - hen inventory. From a trading perspective, the continuous low spot price drags down the overall futures price, and it is advisable to wait and see in the short term [2] Summary by Directory Futures Market - Futures closing price (active contract): Eggs (daily, yuan/500 kilograms) is 2959, down 5 [2] - Futures top 20 positions: Net long positions: Eggs (daily, lots) is - 3082, down 1517 [2] - Egg futures monthly spread (9 - 1): (daily, yuan/500 kilograms) is 157, up 55 [2] - Futures open interest (active contract): Eggs (daily, lots) is 174012, up 2112 [2] - Registered warrant volume: Eggs (daily, lots) is 0, unchanged [2] 现货市场 - Egg spot price (daily, yuan/jin) is 3.1, down 0.01 [2] - Basis (spot - futures) (daily, yuan/500 kilograms) is 139, unchanged [2] Upstream Situation - Laying - hen inventory index: National (monthly, 2015 = 100) is 112.35, down 4.09 [2] - Culled laying - hen index: National (monthly, 2015 = 100) is 96.76, down 21.67 [2] - Average price in major producing areas: Laying - hen chicks (weekly, yuan/chick) is 4.15, down 0.05 [2] - Newly - hatched chick index: National (monthly, 2015 = 100) is 138.68, up 23.55 [2] - Average price: Laying - hen compound feed (weekly, yuan/kilogram) is 2.8, unchanged [2] - Farming profit: Laying hens (weekly, yuan/hen) is - 0.16, up 0.14 [2] - Average price in major producing areas: Culled hens (weekly, yuan/kilogram) is 10.44, down 0.06 [2] - Culled - hen age: National (monthly, days) is 510, down 6 [2] Industry Situation - Average wholesale price: Pork (daily, yuan/kilogram) is 20.76, down 0.15 [2] - Average wholesale price: 28 key - monitored vegetables (daily, yuan/kilogram) is 4.26, up 0.01 [2] - Average wholesale price: White - striped chickens (daily, yuan/kilogram) is 17.29, down 0.17 [2] - Circulation - link weekly inventory (weekly, days) is 1, down 0.33 [2] - Production - link weekly inventory (weekly, days) is 0.92, down 0.27 [2] - Export volume: Fresh eggs: Monthly value (monthly, tons) is 10714.73, down 506.3 [2] Downstream Situation - Weekly egg consumption in sales areas (weekly, tons) is 8716, up 120 [2] Industry News - Today, the average price of eggs in Shandong, the major producing area, is 6.32 yuan/kilogram, unchanged from yesterday; the average price of eggs in Hebei is 5.86 yuan/kilogram, down 0.02 from yesterday; the average price of eggs in Guangdong is 6.21 yuan/kilogram, unchanged from yesterday; the average price of eggs in Beijing is 6.60 yuan/kilogram, unchanged from yesterday [2] Key Points to Watch - There is no news today [2]