瑞达期货鸡蛋产业日报-20251110

Group 1: Report Industry Investment Rating - No information provided Group 2: Report's Core View - The egg futures price has rebounded from a low level recently, but the high production capacity pressure still exists, which may limit its rebound space. Investors are advised to be cautious when chasing up [2] Group 3: Summary by Relevant Catalogs Futures Market - The closing price of the active egg futures contract is 3,176 yuan per 500 kilograms, down 43 yuan; the net long position of the top 20 futures holders is -8,857 lots, down 1,704 lots [2] - The monthly spread between January and May contracts of egg futures is -122 yuan per 500 kilograms, down 25 yuan; the trading volume of the active egg futures contract is 136,359 lots, down 11,884 lots [2] - The registered warehouse receipt volume of eggs is 19 lots, up 13 lots [2] Spot Market - The spot price of eggs is 3.07 yuan per jin, down 0.01 yuan; the basis (spot - futures) is -105 yuan per 500 kilograms, up 37 yuan [2] Upstream Situation - The laying hen inventory index nationwide is 115.26 (2015 = 100), up 0.86; the culled laying hen index nationwide is 124.63 (2015 = 100), up 31.02 [2] - The average price of egg - laying chicken chicks in the main production areas is 2.8 yuan per chick, unchanged; the new chick index nationwide is 76.65 (2015 = 100), up 3.3 [2] - The average price of egg - laying chicken compound feed is 2.76 yuan per kilogram, unchanged; the breeding profit of egg - laying chickens is -0.47 yuan per chicken, down 0.05 yuan [2] - The average price of culled chickens in the main production areas is 8.06 yuan per kilogram, down 0.16 yuan; the age of culled chickens nationwide is 507 days, down 3 days [2] Industry Situation - The average wholesale price of pork is 18.13 yuan per kilogram, down 0.1 yuan; the average wholesale price of 28 key monitored vegetables is 5.79 yuan per kilogram, up 0.01 yuan [2] - The average wholesale price of dressed chickens is 17.96 yuan per kilogram, up 0.24 yuan; the weekly inventory in the circulation link is 1.06 days, down 0.04 days [2] - The weekly inventory in the production link is 1.02 days, down 0.02 days; the monthly export volume of fresh eggs is 13,215.79 tons, up 94.76 tons [2] Downstream Situation - The weekly consumption of eggs in the sales areas is 7,300 tons, down 358 tons [2] Industry News - The average price of eggs in Shandong's main production area is 5.97 yuan per kilogram, unchanged; the average price of eggs in Hebei is 5.68 yuan per kilogram, up 0.06 yuan; the average price of eggs in Guangdong is 6.93 yuan per kilogram, unchanged; the average price of eggs in Beijing is 6.20 yuan per kilogram, up 0.16 yuan [2] - The continuous losses of the breeding end have led to a decline in the enthusiasm for replenishment and an increase in the number of old chicken culls. The laying hen inventory has slightly decreased, and the market atmosphere has slightly improved [2] Viewpoint Summary - Although the egg futures price has rebounded from a low level, the high production capacity pressure still exists, which may limit its rebound space. Investors are advised to be cautious when chasing up [2] Key Focus - No news today [2]