建信期货鸡蛋日报-20260127

Group 1: General Information - Reported industry: Eggs [1] - Report date: January 27, 2026 [2] - Research team: Agricultural products research team, including researchers Yu Lanlan, Lin Zhenlei, Wang Haifeng, Hong Chenliang, and Liu Youran [4] Group 2: Investment Rating - No investment rating information provided. Group 3: Core View - The market's bottom - fishing sentiment increased after New Year's Day this year, and the egg price was slightly stronger. With the late Spring Festival this year, the spot price continued to rise steadily in the middle and late January due to stocking demand, with a larger - than - expected increase. The near - month contracts were relatively strong, while the far - month contracts starting from 05 were weak. The seesaw market between near - and far - month contracts will continue, and the key factor is the spot performance. It is expected that the market will fluctuate narrowly before the Spring Festival, with no obvious trend in futures unilateral operation. After the festival, pay attention to the support level around 3 yuan [8]. Group 4: Market Review and Operation Suggestions Market Review | Contract | Pre - settlement price | Opening price | High price | Low price | Closing price | Change | Change rate | Volume | Open interest | Open interest change | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | Egg 2602 | 3059 | 3058 | 3089 | 3050 | 3069 | 10 | 0.33% | 11769 | 17465 | - 3695 | | Egg 2603 | 3064 | 3080 | 3101 | 3055 | 3069 | 5 | 0.16% | 272356 | 268815 | - 2167 | | Egg 2605 | 3530 | 3530 | 3549 | 3516 | 3527 | - 3 | - 0.08% | 33086 | 91330 | 201 | [7] Operation Suggestions - It is expected that the market will fluctuate narrowly before the Spring Festival, with no obvious trend in futures unilateral operation. After the festival, pay attention to the support level around 3 yuan [8] Group 5: Industry News Inventory - As of the end of December 2025, the monthly inventory of laying hens in the country was about 1.344 billion, a month - on - month decrease of 0.59% and a year - on - year increase of 5.00% [9] Replenishment - In December 2025, the monthly output of laying hen chicks in sample enterprises was about 39.59 million, basically the same as that in November. Compared with the same period in 2024, it decreased significantly. The total replenishment volume from September to December 2025 was about 157.49 million, less than that in the same period last year, indicating that the medium - term production capacity pressure may continue to ease [9] Group 6: Data Overview Elimination Volume - As of the three weeks before January 8, the national elimination volume of laying hens was 19.39 million, 19.82 million, and 18.96 million respectively, maintaining a relatively high level but slightly decreasing [17] Elimination Age - As of January 8, the average elimination age of laying hens was 484 days, the same as last week and 2 days earlier than last month [17]