瑞达期货鸡蛋产业日报-20250923

1. Report Industry Investment Rating - No information provided 2. Core Viewpoints of the Report - Currently, the laying hen inventory is at a high level, and the pressure of newly - opened laying hens from previous replenishments is large, resulting in sufficient egg supply. The decrease in temperature has led to a recovery in the laying rate of laying hens, further increasing the supply pressure. However, due to pre - holiday stocking before the Mid - Autumn Festival and National Day, the recent purchase volume of traders has increased, and the market demand has shown signs of warming up, pushing up egg prices from the bottom and supporting the futures market. Overall, high - production capacity pressure still exists. As the double festivals approach, pre - holiday stocking may be coming to an end, market sales are starting to slow down, and spot prices show signs of a slight decline. The driving force for pushing up the futures price is also insufficient, so short - term trading is recommended in the near future [2] 3. Summary According to Relevant Catalogs 3.1 Futures Market - The closing price of the active egg futures contract is 3065 yuan/500 kilograms, down 10 yuan compared to the previous period. The net long position of the top 20 futures holders is - 10098 hands, an increase of 9051 hands. The egg futures monthly spread (1 - 5) is - 33 yuan/500 kilograms, an increase of 33 yuan. The trading volume of the active futures contract is 371084 hands, a decrease of 22037 hands. The number of registered warehouse receipts is 0 hands [2] 3.2 Spot Market - The spot price of eggs is 3.72 yuan/jin, unchanged from the previous period. The basis (spot - futures) is 659 yuan/500 kilograms, an increase of 10 yuan [2] 3.3 Upstream Situation - The national laying hen inventory index is 114.4 (with 2015 = 100), an increase of 1.22. The national culled laying hen index is 93.61 (with 2015 = 100), a decrease of 5.59. The average price of laying hen chicks in the main production areas is 2.6 yuan/chick, unchanged. The national new - hatched chick index is 73.35 (with 2015 = 100), a decrease of 5.05. The average price of laying hen compound feed is 2.76 yuan/kg, unchanged. The breeding profit of laying hens is 0.17 yuan/hen, an increase of 0.19 yuan. The average price of culled hens in the main production areas is 9.34 yuan/kg, an increase of 0.12 yuan. The average age of culled hens in the country is 510 days, a decrease of 2 days [2] 3.4 Industry Situation - The average wholesale price of pork is 19.56 yuan/kg, an increase of 0.08 yuan. The average wholesale price of 28 key - monitored vegetables is 4.98 yuan/kg, unchanged. The average wholesale price of white - striped chickens is 17.74 yuan/kg, an increase of 0.04 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 13121.03 tons, an increase of 264.92 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 - Today, the average price of eggs in Shandong, the main production area, is 7.32 yuan/kg, unchanged from yesterday; the average price of eggs in Hebei is 6.99 yuan/kg, a decrease of 0.01 yuan from yesterday; the average price of eggs in Guangdong is 7.53 yuan/kg, unchanged from yesterday; the average price of eggs in Beijing is 7.46 yuan/kg, unchanged from yesterday [2]