瑞达期货鸡蛋产业日报-20250917

1. Report Industry Investment Rating - No information provided 2. Core View of the Report - The current egg production capacity is high, with large pressure from newly - opened egg - laying hens and sufficient supply. The temperature drop has increased the egg - laying rate, further exacerbating the supply pressure. However, due to pre - holiday stocking for the Mid - Autumn Festival and National Day, the market demand has shown signs of recovery, driving up egg prices and supporting the futures market. Recently, short - sellers have covered their positions, causing the futures price to rebound from a low level. But the high - capacity pressure still exists, and short - term trading is recommended in the near future [2] 3. Summary by Relevant Catalogs 3.1 Futures Market - The closing price of the active egg futures contract is 3116 yuan/500 kilograms, with a week - on - week increase of 3. The net long position of the top 20 futures holders is - 8678 hands, a decrease of 4703 hands. The monthly spread between the 1 - 5 egg futures contracts is - 52 yuan/500 kilograms, an increase of 12. The futures trading volume of the active contract is 437,712 hands, an increase of 22,610 hands. The registered warehouse receipts are 0 hands, a decrease of 3 hands [2] 3.2 Spot Market - The spot price of eggs is 3.86 yuan/jin, with a week - on - week increase of 0.02 yuan. The basis (spot - futures) is 744 yuan/500 kilograms, an increase of 16 yuan [2] 3.3 Upstream Situation - The national laying hen inventory index is 113.18 (2015 = 100), an increase of 1.27. The national culled laying hen index is 99.2 (2015 = 100), a decrease of 4.89. The average price of egg - laying chicken chicks in the main production areas is 2.6 yuan/chick, a decrease of 0.4 yuan. The national new - born chick index is 78.4 (2015 = 100), an increase of 2.33. The average price of egg - laying chicken compound feed is 2.76 yuan/kg, unchanged. The breeding profit of egg - laying chickens is - 0.02 yuan/hen, an increase of 0.21 yuan. The average price of culled chickens in the main production areas is 9.22 yuan/kg, a decrease of 0.02 yuan. The national culling age of chickens is 512 days, an increase of 11 days [2] 3.4 Industry Situation - The average wholesale price of pork is 19.73 yuan/kg, a decrease of 0.15 yuan. The average wholesale price of 28 key - monitored vegetables is 4.98 yuan/kg, a decrease of 0.04 yuan. The average wholesale price of dressed chickens is 17.38 yuan/kg, a decrease of 0.3 yuan. The weekly inventory in the circulation link is 0.99 days, a decrease of 0.04 days. The weekly inventory in the production link is 0.91 days, a decrease of 0.02 days. The monthly export volume of fresh eggs is 12,792.51 tons, a decrease of 110.81 tons [2] 3.5 Downstream Situation - The weekly consumption of eggs in the sales areas is 7303 tons, a decrease of 149 tons [2] 3.6 Industry News - The average price of eggs in Shandong, Hebei, Guangdong, and Beijing in the main production areas remained unchanged from the previous day. Currently, the laying hen inventory is high, and the supply of eggs is sufficient. The decrease in temperature has increased the egg - laying rate, further increasing the supply pressure [2]