瑞达期货鸡蛋产业日报-20250619

1. Report Industry Investment Rating - Not provided in the report 2. Report's Core View - After the festival, eggs enter the seasonal demand off - season, with high egg - laying hen inventory and large pressure from newly - laid hens. Egg supply is sufficient. Due to hot and humid weather, storage costs increase, downstream dealers are cautious in purchasing, egg prices are at a relatively low level, and the farming end is in a loss state. However, as prices reach a relatively low level, the culling of old hens has accelerated, reducing the expected inventory. The futures price has a tendency to stop falling and recover after reaching the low - valuation area, and it is advisable to try long positions with a light position [2] 3. Summary According to Relevant Catalogs 3.1 Futures Market - The futures closing price of the active egg contract is 3618 yuan/500 kilograms, a decrease of 1 yuan; the net long position of the top 20 futures holders of eggs is - 17604 hands, a decrease of 7288 hands; the egg futures monthly spread (9 - 1) is 86 yuan/500 kilograms, a decrease of 25 yuan; the futures trading volume of the active egg contract is 240827 hands, a decrease of 2414 hands; the registered warehouse receipt volume of eggs is 0 hands [2] 3.2 Spot Market - The spot price of eggs is 2.84 yuan/jin, an increase of 0.07 yuan; the basis (spot - futures) is - 773 yuan/500 kilograms, an increase of 70 yuan [2] 3.3 Upstream Situation - The national laying hen inventory index is 112.35 (2015 = 100), a decrease of 4.09; the national culled laying hen index is 96.76 (2015 = 100), a decrease of 21.67; the average price of chicklings in the main producing areas is 4.1 yuan/feather, unchanged; the national new - hatched chick index is 138.68 (2015 = 100), an increase of 23.55; the average price of laying hen compound feed is 2.74 yuan/kg, unchanged; the laying hen farming profit is - 0.55 yuan/hen, a decrease of 0.11 yuan; the average price of culled chickens in the main producing areas is 9.12 yuan/kg, a decrease of 0.14 yuan; the national culled chicken age is 510 days, a decrease of 6 days [2] 3.4 Industry Situation - The average wholesale price of pork is 20.29 yuan/kg, an increase of 0.05 yuan; the average wholesale price of 28 key - monitored vegetables is 4.37 yuan/kg, an increase of 0.07 yuan; the average wholesale price of dressed chickens is 17.1 yuan/kg, an increase of 0.11 yuan; the weekly inventory in the circulation link is 1.05 days, an increase of 0.02 days; the weekly inventory in the production link is 1.03 days, an increase of 0.09 days; the monthly export volume of fresh eggs is 12792.51 tons, a decrease of 110.81 tons [2] 3.5 Downstream Situation - The weekly consumption of eggs in the sales area is 8194 tons, a decrease of 662 tons [2] 3.6 Industry News - The average price of eggs in Shandong's main producing area is 5.72 yuan/kg, an increase of 0.18 yuan compared with yesterday; in Hebei, it is 5.41 yuan/kg, an increase of 0.13 yuan; in Guangdong, it is 6.20 yuan/kg, unchanged; in Beijing, it is 5.90 yuan/kg, an increase of 0.20 yuan [2]