Ruida Futures(SZ:002961) Rui Da Qi Huo·2025-07-09 09:41Report Industry Investment Rating No relevant content provided. Core View - Eggs have entered the seasonal demand off - season, with high egg - laying hen inventory and large pressure from newly - opened egg - laying hens. Egg supply is abundant. Affected by the plum rain season, storage costs increase, downstream dealers are cautious in purchasing, egg prices are at a relatively low level compared to the same period, and the breeding end is in a continuous loss state. However, after the price reaches a relatively low level, the process of old hen culling has accelerated, reducing the inventory expectation. The near - month futures price is generally weak due to the weak spot, while the far - month contracts are obviously resistant to decline, and it is advisable to lightly test long positions in the far - month [2]. Summary by Directory Futures Market - The futures closing price (active contract) of eggs is 3484 yuan/500 kilograms, with a month - on - month increase of 39; the net long position of the top 20 futures holders is - 27941 hands, with a month - on - month increase of 5118; the egg futures monthly spread (9 - 1) is - 20 yuan/500 kilograms, with a month - on - month increase of 18; the registered warehouse receipt volume is 0 hands; the futures open interest (active contract) is 150786 hands, with a month - on - month decrease of 22760 [2]. 现货市场 - The egg spot price is 2.55 yuan/jin, with a month - on - month decrease of 0.28; the basis (spot - futures) is - 931 yuan/500 kilograms, with a month - on - month decrease of 35 [2]. Upstream Situation - The national laying hen inventory index is 110.89 (2015 = 100), with a month - on - month decrease of 1.46; the national culled laying hen index is 108.68 (2015 = 100), with a month - on - month increase of 11.92; the average price of laying hen chicks in the main production areas is 3.9 yuan/feather, with a month - on - month decrease of 0.1; the national new - born chick index is 106.78 (2015 = 100), with a month - on - month decrease of 31.9; the average price of laying hen compound feed is 2.72 yuan/kilogram, with a month - on - month decrease of 0.02; the breeding profit of laying hens is - 0.58 yuan/head, with a month - on - month decrease of 0.17; the average price of culled chickens in the main production areas is 9.4 yuan/kilogram, with a month - on - month increase of 0.16; the national culled chicken age is 506 days, with a month - on - month decrease of 4 [2]. Industry Situation - The average wholesale price of pork is 20.53 yuan/kilogram, with a month - on - month increase of 0.02; the average wholesale price of 28 key - monitored vegetables is 4.35 yuan/kilogram, with a month - on - month decrease of 0.02; the average wholesale price of white - striped chickens is 17.02 yuan/kilogram, with a month - on - month increase of 0.01; the weekly inventory in the circulation link is 1.22 days, with a month - on - month increase of 0.18; the weekly inventory in the production link is 1.12 days, with a month - on - month increase of 0.2; the monthly export volume of fresh eggs is 12792.51 tons, with a month - on - month decrease of 110.81 [2]. Downstream Situation - The weekly consumption of eggs in the sales area is 7606 tons, with a month - on - month decrease of 331 [2]. Industry News - The average price of eggs in Shandong, Hebei, Guangdong, and Beijing in the main production areas remained unchanged from yesterday; eggs have entered the seasonal demand off - season, with sufficient supply, high storage costs, and cautious downstream purchases [2]. Key Points of Attention - There is no news today [2].