鸡蛋产业日报-20250825

1. Report Industry Investment Rating - Not provided in the content 2. Core Viewpoints of the Report - The current egg supply is relatively abundant due to the high inventory of laying hens, the large pressure of newly - opened laying hens from previous replenishment, and the continuous delivery of cold - storage eggs. Terminal demand is weak, and the high - temperature weather makes the market cautious. The willingness of breeding enterprises to sell at low prices to reduce inventory increases, resulting in the continuous under - performance of the spot market price and the continuous loss of the breeding end. The slow de - capacity in the industry may continue to restrict egg prices during the peak seasons of school openings and Mid - Autumn Festival stocking. The futures price generally maintains a weak trend under the pressure of weak spot prices and high production capacity [2] 3. Summary by Relevant Catalogs 3.1 Futures Market - The futures closing price of the active egg contract is 3021 yuan/500 kilograms, a decrease of 12 yuan; the net long position of the top 20 futures holders is - 54965 hands, a decrease of 12313 hands; the monthly spread between contracts 1 - 5 is - 99 yuan/500 kilograms, a decrease of 21 yuan; the futures holding volume of the active contract is 462532 hands, an increase of 28251 hands; the registered warehouse receipt volume is 0 hands, unchanged [2] 3.2 Spot Market - The egg spot price is 3.04 yuan/jin, a decrease of 0.02 yuan; the basis (spot - futures) is 21 yuan/500 kilograms, a decrease of 3 yuan [2] 3.3 Upstream Situation - The national laying - hen inventory index is 113.18 (with 2015 = 100), an increase of 1.27; the national culled laying - hen index is 99.2 (with 2015 = 100), a decrease of 4.89; the average price of laying - hen chicks in the main production areas is 3.2 yuan/feather, a decrease of 0.4 yuan; the national new - chick index is 78.4 (with 2015 = 100), an increase of 2.33; the average price of laying - hen compound feed is 2.76 yuan/kg, unchanged; the breeding profit of laying hens is - 0.15 yuan/hen, an increase of 0.11 yuan; the average price of culled hens in the main production areas is 10.1 yuan/kg, a decrease of 0.84 yuan; the national culling age of hens is 512 days, an increase of 11 days [2] 3.4 Industry Situation - The average wholesale price of pork is 20.11 yuan/kg, an increase of 0.01 yuan; the average wholesale price of 28 key - monitored vegetables is 4.85 yuan/kg, an increase of 0.01 yuan; the average wholesale price of white - striped chickens is 17.57 yuan/kg, a decrease of 0.02 yuan; the weekly inventory in the circulation link is 1.16 days, an increase of 0.13 days; the weekly inventory in the production link is 1.02 days, an increase of 0.1 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 7439 tons, a decrease of 166 tons [2] 3.6 Industry News - The average price of eggs in Shandong's main production area is 6.20 yuan/kg, a decrease of 0.01 yuan compared with yesterday; in Hebei, it is 5.97 yuan/kg, a decrease of 0.06 yuan; in Guangdong, it is 6.20 yuan/kg, a decrease of 0.20 yuan; in Beijing, it is 6.70 yuan/kg, a decrease of 0.10 yuan [2]