瑞达期货鸡蛋产业日报-20260119

Report Industry Investment Rating - Not provided Core View - Short - term near - month contracts may be in a wide - range low - level oscillation state. The far - month contracts are expected to perform better than the near - month ones under the expectation of declining production capacity, and investors can try to go long on the far - month contracts with a light position [2] Summary by Directory Futures Market - The closing price of the active egg futures contract is 3023 yuan/500 kilograms, down 49 yuan; the net long position of the top 20 futures holders is 3167 hands, up 1380 hands; the egg futures monthly spread (5 - 9) is - 432 yuan/500 kilograms, down 42 yuan; the trading volume of the active egg futures contract is 265011 hands, up 1813 hands; the registered warehouse receipt volume is 10 hands, up 10 hands [2] Spot Market - The spot price of eggs is 3.75 yuan/jin, up 0.1 yuan; the basis (spot - futures) is 723 yuan/500 kilograms, up 151 yuan [2] Upstream Situation - The laying hen inventory index nationwide is 112.03 (2015 = 100), down 2.21; the culled laying hen index nationwide is 101.18 (2015 = 100), down 13.26; the average price of egg - laying chicken seedlings in the main production areas is 3 yuan/feather, up 0.1 yuan; the new chick index nationwide is 93.62 (2015 = 100), up 26.53; the average price of egg - laying chicken compound feed is 2.84 yuan/kg, up 0.04 yuan; the breeding profit of egg - laying chickens is - 0.08 yuan/head, up 0.21 yuan; the average price of culled chickens in the main production areas is 8.78 yuan/kg, up 0.62 yuan; the culling age of culled chickens nationwide is 500 days, down 10 days [2] Industry Situation - The average wholesale price of pork is 18.46 yuan/kg, up 0.39 yuan; the average wholesale price of 28 key - monitored vegetables is 5.59 yuan/kg, up 0.05 yuan; the average wholesale price of white - striped chickens is 17.63 yuan/kg, up 0.07 yuan; the weekly inventory in the circulation link is 1.21 days, up 0.09 days; the weekly inventory in the production link is 1.09 days, up 0.09 days; the monthly export volume of fresh eggs is 13394.53 tons, up 178.74 tons [2] Downstream Situation - The weekly consumption of eggs in the sales areas is 7377 tons, with no change [2] Industry News - The average price of eggs in Shandong, the main production area, is 7.49 yuan/kg, up 0.20 yuan from yesterday; in Hebei, it is 6.91 yuan/kg, up 0.13 yuan; in Guangdong, it is 8.07 yuan/kg, up 0.20 yuan; in Beijing, it is 7.44 yuan/kg, up 0.20 yuan. 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 chickens culled. The laying hen inventory continues to decline from a high level, and the market atmosphere has slightly improved [2]