建信期货鸡蛋日报-20260130

Group 1: General Information - The report is about the egg industry and was released on January 30, 2026 [1][2] - The research team consists of Yu Lanlan, Lin Zhenlei, Wang Haifeng, Hong Chenliang, and Liu Youran [4] Group 2: Market Review and Operation Suggestions Market Review - For the egg 2602 contract, the previous settlement price was 3042, opening at 3051, with a high of 3051, a low of 3010, and closing at 3016, down 26 or -0.85%. The trading volume was 7901, and the open interest was 8269, a decrease of 4623 [7] - For the egg 2603 contract, the previous settlement price was 3049, opening at 3053, with a high of 3067, a low of 3015, and closing at 3021, down 28 or -0.92%. The trading volume was 226555, and the open interest was 235887, a decrease of 17902 [7] - For the egg 2605 contract, the previous settlement price was 3473, opening at 3480, with a high of 3496, a low of 3461, and closing at 3466, down 7 or -0.20%. The trading volume was 31676, and the open interest was 96519, a decrease of 1968 [7] - The average price of eggs in the main production areas was 4 yuan per jin, unchanged from the previous day, and in the main sales areas, it was 4.29 yuan per jin, also unchanged [7] Core View - After the New Year's Day this year, the market's bottom - fishing sentiment increased, and the price was slightly stronger. Due to the late Spring Festival, the spot price continued to rise steadily in mid - to - late January under the impetus of stocking demand, exceeding market expectations. The near - month contracts were relatively strong, while the far - month contracts starting from 05 were weak. The market has reached a consensus on the gradual decline of laying - hen inventory, and the focus of the game lies in the decline range, with the most critical factor being the performance of the spot market. It is expected that the market will fluctuate within a narrow range before the Spring Festival, and there is no obvious trend in unilateral futures operations. After the festival, attention should be paid to the support level around 3 yuan, and the market may gradually become clear [8] Group 3: Industry News Inventory - As of the end of December 2025, the monthly inventory of laying hens in the country was about 1.344 billion, down 0.59% month - on - month and up 5.00% year - on - year [9] Replenishment - In December 2025, the monthly output of laying - hen chicks from sample enterprises was about 39.59 million, basically the same as 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, compared with about 182.14 million in the same period last year, indicating that the medium - term production capacity pressure may continue to ease [9] Group 4: Data Overview Elimination Volume - As of January 8, in the previous three weeks, the national elimination volume of laying hens was 19.39 million, 19.82 million, and 18.96 million respectively [16] Elimination Age - As of January 8, the average elimination age of laying hens was 484 days, the same as the previous week and 2 days earlier than the previous month [16]