瑞达期货鸡蛋产业日报-20260203

1. Report's Industry Investment Rating - Not provided in the content 2. Core View of the Report - The continued losses at the breeding end have led to a decline in replenishment enthusiasm and an increase in the culling of old hens. The laying - hen inventory has continued to decline from a high level, and the market sentiment has slightly improved. However, the current in - production laying - hen inventory is still at a high level. Due to the previous high - spirited market stocking sentiment, the inventory at each link has decreased, and after some inventories were cleared, traders actively purchased goods, the turnover speed accelerated, egg prices rose significantly, and the profits at the breeding end improved. This has led to an increase in the enthusiasm for chick replenishment and a slight slowdown in the enthusiasm for old - hen culling, weakening the expectation of inventory decline. From a market perspective, affected by the recent decline in spot prices, futures prices have also weakened, adding market volatility, and short - term participation is recommended [2] 3. Summary by Relevant Catalogs 3.1 Futures Market - The futures closing price of the active egg contract is 2,953 yuan/500 kilograms, a decrease of 22 yuan; the net long position of the top 20 futures holders of eggs is - 9,293 hands, a decrease of 8,128 hands; the egg futures monthly spread (5 - 9) is - 446 yuan/500 kilograms, a decrease of 9 yuan; the futures holding volume of the active egg contract is 179,651 hands, a decrease of 772 hands; the registered warehouse receipt volume of eggs is 0 hands, unchanged [2] 3.2 Spot Market - The egg spot price is 3.75 yuan/jin, a decrease of 0.09 yuan; the basis (spot - futures) is 794 yuan/500 kilograms, a decrease of 66 yuan [2] 3.3 Upstream Situation - The national laying - hen inventory index is 109.28 (with 2015 = 100), a decrease of 2.75; the national culled laying - hen index is 124.98 (with 2015 = 100), an increase of 23.8; the average price of egg - laying chicken seedlings in the main production areas is 3.2 yuan/feather, an increase of 0.1 yuan; the national new - chick index is 71.99 (with 2015 = 100), a decrease of 21.63; the average price of egg - laying chicken feed is 2.84 yuan/kg, unchanged; the breeding profit of egg - laying chickens is 0.3 yuan/head, an increase of 0.19 yuan; the average price of culled chickens in the main production areas is 9.44 yuan/kg, an increase of 0.38 yuan; the national culled chicken age is 500 days, unchanged [2] 3.4 Industry Situation - The average wholesale price of pork is 18.56 yuan/kg, an increase of 0.12 yuan; the average wholesale price of 28 key - monitored vegetables is 5.51 yuan/kg, a decrease of 0.05 yuan; the average wholesale price of white - striped chickens is 17.17 yuan/kg, a decrease of 0.18 yuan; the weekly inventory in the circulation link is 1.07 days, an increase of 0.02 days; the weekly inventory in the production link is 1.02 days, an increase of 0.05 days; the monthly export volume of fresh eggs is 14,898.72 tons, an increase of 1,853.2 tons [2] 3.5 Downstream Situation - The weekly consumption volume of eggs in the sales area is 7,210 tons, a decrease of 165 tons [2] 3.6 Industry News - The average price of eggs in Shandong, the main production area, is 7.53 yuan/kg, a decrease of 0.16 yuan from yesterday; the average price of eggs in Hebei is 7.23 yuan/kg, a decrease of 0.17 yuan from yesterday; the average price of eggs in Guangdong is 7.47 yuan/kg, a decrease of 0.20 yuan from yesterday; the average price of eggs in Beijing is 7.94 yuan/kg, a decrease of 0.24 yuan from yesterday [2]