瑞达期货鸡蛋产业日报-20250715

Report Summary 1. Report Industry Investment Rating - No information provided 2. Core View of the Report - Currently, the layer hen inventory is at a high level, with significant pressure from the newly - opened production of hens supplemented earlier, resulting in sufficient egg supply. High - temperature and high - humidity weather increases egg storage costs, making downstream dealers cautious in purchasing. Egg prices remain low compared to the same period, and the farming sector is in a continuous loss state. However, as prices reach relatively low levels, the process of culling old hens has accelerated, reducing inventory expectations. Nationwide high - temperature conditions have led to a decline in the egg - laying rate in some areas, alleviating short - term market supply pressure. With the gradual recovery of terminal demand, the farming sector's expectation of price increases is released, promoting an egg price rebound. The decline of the futures market has also slowed down, and it is advisable to lightly test long positions in far - month contracts [2] 3. Summary by Relevant Catalogs Futures Market - The closing price of the active egg futures contract is 3615 yuan/500 kilograms, up 154 yuan; the net long position of the top 20 futures holders is - 26222 lots, up 1290 lots; the egg futures monthly spread (9 - 1) is - 5 yuan/500 kilograms, up 5 yuan; the futures open interest of the active contract is 238587 lots, up 139084 lots; the registered warehouse receipt volume is 0 lots, down 24 lots [2] 现货市场 - The egg spot price is 2.78 yuan/jin, unchanged; the basis (spot - futures) is - 830 yuan/500 kilograms, down 154 yuan [2] Upstream Situation - The national layer hen inventory index is 110.89 (2015 = 100), down 1.46; the national culled layer hen index is 108.68 (2015 = 100), up 11.92; the average price of layer chicks in the main production areas is 3.9 yuan/chick, unchanged; the national new - chick index is 106.78 (2015 = 100), down 31.9; the average price of layer feed is 2.72 yuan/kg, unchanged; the layer farming profit is - 0.69 yuan/hen, down 0.11 yuan; the average price of culled hens in the main production areas is 9.2 yuan/kg, down 0.2 yuan; the national average age of culled hens is 506 days, down 4 days [2] Industry Situation - The average wholesale price of pork is 20.74 yuan/kg, up 0.14 yuan; the average wholesale price of 28 key - monitored vegetables is 4.38 yuan/kg, down 0.03 yuan; the average wholesale price of dressed chickens is 17.08 yuan/kg, down 0.13 yuan; the weekly inventory in the circulation link is 1.17 days, down 0.1 days; the weekly inventory in the production link is 1.05 days, down 0.09 days; the monthly export volume of fresh eggs is 12792.51 tons, down 110.81 tons [2] Downstream Situation - The weekly egg consumption in the sales areas is 7606 tons, down 331 tons [2] Industry News - Today, the average egg price in Shandong's main production area is 5.52 yuan/kg, unchanged from yesterday; in Hebei, it is 5.19 yuan/kg, unchanged; in Guangdong, it is 6.40 yuan/kg, unchanged; in Beijing, it is 5.60 yuan/kg, unchanged [2]