鸡蛋：淘汰逐步加速

Report Overview - The report is about the egg market on June 4, 2025, provided by Guotai Junan Futures [1] Investment Rating - No investment rating is provided in the report Core View - The report presents the latest data on egg fundamentals and the industrial chain, but no clear core view is explicitly stated [1] Summary by Catalog 1. Fundamental Tracking - Futures Data: The closing price of egg2507 is 2,897 yuan/500 kilograms, with a daily decline of 1.16%, and trading volume decreased by 21,187 and open interest decreased by 8,968. The closing price of egg2509 is 3,722 yuan/500 kilograms, with a daily decline of 0.80%, and trading volume increased by 3,141 and open interest increased by 1,374 [1] - Spread Data: The egg 7 - 8 spread is -676 (previous day: -680), and the egg 7 - 9 spread is -825 (previous day: -819) [1] - Spot Price Data: The latest spot prices in Liaoning, Hebei, Shanxi, and Hubei are 2.90 yuan/jin, 2.58 yuan/jin, 2.90 yuan/jin, and 3.02 yuan/jin respectively. The previous day's prices were 2.95 yuan/jin, 2.58 yuan/jin, 3.00 yuan/jin, and 2.96 yuan/jin respectively [1] - Industrial Chain Data: The latest corn spot price is 2,316 yuan/ton (unchanged from the previous day), the latest soybean meal spot price is 2,900 yuan/ton (down 30 yuan/ton from the previous day), and the latest Henan pig price is 14.35 yuan/kg (down 0.10 yuan/kg from the previous day) [1] 2. Trend Intensity - The trend intensity is 0, indicating a neutral view. The range of trend intensity is an integer in the [-2, 2] interval, where -2 means most bearish and 2 means most bullish [1]