瑞达期货鸡蛋产业日报-20250903

1. Report Industry Investment Rating - No information provided 2. Core View of the Report - Currently, the inventory of laying hens is at a high level, and the newly - opened production pressure of laying hens supplemented in the early stage is relatively large, resulting in sufficient egg supply. The continuous delivery of cold - storage eggs further exacerbates the supply pressure. Although the egg consumption demand has slightly rebounded due to Mid - Autumn Festival stocking and the start of the school term, it is still weak compared to the same period last year. With sufficient inventory at each link and egg quality problems in some areas, the short - term demand has a weak supporting effect on prices, and the spot price continues to run at the lowest level in the same period this year. However, continuous losses in the breeding sector may accelerate the process of old - hen culling and reduce the enthusiasm for replenishment. Recently, after a continuous decline in the futures market, short - sellers have closed their positions for profit, driving the futures price to rebound from a low level [2] 3. Summary by Relevant Catalogs Futures Market - The futures closing price of the active egg contract is 3011 yuan/500 kilograms, with a week - on - week increase of 52; the net long position of the top 20 futures holders is - 34478 hands, with a week - on - week increase of 2882; the egg futures monthly spread (1 - 5) is - 38 yuan/500 kilograms, with a week - on - week increase of 27; the futures holding volume of the active contract is 379325 hands, with a week - on - week decrease of 62505; the registered warehouse receipt volume is 0 hands, with no week - on - week change [2] 现货市场 - The egg spot price is 3.15 yuan/jin, with a week - on - week increase of 0.03; the basis (spot - futures) is 138 yuan/500 kilograms, with a week - on - week decrease of 18 [2] Upstream Situation - The national laying - hen inventory index is 113.18 (with 2015 as 100), with a month - on - month increase of 1.27; the national culled laying - hen index is 99.2 (with 2015 as 100), with a month - on - month decrease of 4.89; the average price of laying - hen chicks in the main producing areas is 3 yuan/feather, with a week - on - week decrease of 0.2; the national new - chick index is 78.4 (with 2015 as 100), with a month - on - month increase of 2.33; the average price of laying - hen compound feed is 2.76 yuan/kg, with no week - on - week change; the breeding profit of laying hens is - 0.21 yuan/hen, with a week - on - week decrease of 0.06; the average price of culled hens in the main producing areas is 9.66 yuan/kg, with a week - on - week decrease of 0.44; the average age of culled hens nationwide is 512 days, with a month - on - month increase of 11 [2] Industry Situation - The average wholesale price of pork is 20.04 yuan/kg, with a week - on - week increase of 0.24; the average wholesale price of 28 key - monitored vegetables is 5.1 yuan/kg, with a week - on - week increase of 0.08; the average wholesale price of dressed chickens is 17.28 yuan/kg, with a week - on - week decrease of 0.16; the weekly inventory in the circulation link is 1.12 days, with a week - on - week decrease of 0.04; the weekly inventory in the production link is 1.06 days, with a week - on - week increase of 0.04; 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 volume of eggs in the sales areas is 7674 tons, with a week - on - week increase of 235 [2] Industry News - Today, the average price of eggs in Shandong, the main producing area, is 6.16 yuan/kg, with a price increase of 0.04 compared to yesterday; the average price of eggs in Hebei is 6.22 yuan/kg, the same as yesterday; the average price of eggs in Guangdong is 6.40 yuan/kg, the same as yesterday; the average price of eggs in Beijing is 6.90 yuan/kg, the same as yesterday [2]