瑞达期货鸡蛋产业日报-20260209

1. Report Industry Investment Rating - No investment rating provided in the report 2. Core View of the Report - The previous replenishment was relatively low, and the current pressure of new egg - laying hens coming into production is not significant. The egg - laying hen inventory will still be in a downward trend. However, the current in - production egg - laying hen inventory is still at a high level. The previous high market stocking sentiment led to a significant increase in egg prices and an improvement in the breeding profit, which increased the enthusiasm for chick replenishment and slightly slowed down the enthusiasm for old hen culling, weakening the expectation of inventory decline. In terms of the futures market, recently affected by the decline in spot prices and high inventory pressure, futures prices have also weakened, adding market volatility. It is recommended to participate in the short - term [2] 3. Summary According to Relevant Catalogs 3.1 Futures Market - The futures closing price of the active egg contract is 2909 yuan/500 kilograms, with a week - on - week increase of 5; the net long position of the top 20 futures holders of eggs is - 9275 hands, with a week - on - week increase of 1839; the egg futures spread between May and September is - 483 yuan/500 kilograms, with a week - on - week decrease of 28; the futures trading volume of the active egg contract is 139465 hands, with a week - on - week decrease of 9655; the registered warehouse receipt volume of eggs is 0 hands, with no change [2] 3.2 Spot Market - The egg spot price is 3.44 yuan/jin, with a week - on - week decrease of 0.01; the basis (spot - futures) is 529 yuan/500 kilograms, with a week - on - week decrease of 17 [2] 3.3 Upstream Situation - The national laying hen inventory index (monthly, 2015 = 100) is 109.28, with a month - on - month decrease of 2.75; the national culled laying hen index (monthly, 2015 = 100) is 124.98, with a month - on - month increase of 23.8; the average price of layer chicks in the main producing areas (weekly, yuan/feather) is 3.2, with no change; the national new chick index (monthly, 2015 = 100) is 71.99, with a month - on - month decrease of 21.63; the average price of layer compound feed (weekly, yuan/kg) is 2.84, with no change; the breeding profit of layer hens (weekly, yuan/hen) is 0.03, with a week - on - week decrease of 0.27; the average price of culled chickens in the main producing areas (weekly, yuan/kg) is 8.86, with a week - on - week decrease of 0.58; the culling age of culled chickens (monthly, days) is 500, with no change [2] 3.4 Industry Situation - The average wholesale price of pork (daily, yuan/kg) is 18.34; the average wholesale price of 28 key - monitored vegetables (daily, yuan/kg) is 5.48, with a day - on - day decrease of 0.04; the average wholesale price of dressed chickens (daily, yuan/kg) is 17.18, with a day - on - day decrease of 0.22; the weekly inventory in the circulation link (weekly, days) is 1.07, with a week - on - week increase of 0.02; the weekly inventory in the production link (weekly, days) is 1.02, with a week - on - week increase of 0.05; the monthly export volume of fresh eggs is 14898.72 tons, with a month - on - month increase of 1853.2 tons [2] 3.5 Downstream Situation - The weekly consumption of eggs in the sales area is 7210 tons, with a week - on - week decrease of 165 tons [2] 3.6 Industry News - Today, the average price of eggs in Shandong, the main producing area, is 6.88 yuan/kg, a decrease of 0.20 compared with yesterday; the average price of eggs in Hebei is 6.72 yuan/kg, an increase of 0.02 compared with yesterday; the average price of eggs in Guangdong is 6.87 yuan/kg, the same as yesterday; the average price of eggs in Beijing is 7.56 yuan/kg, a decrease of 0.04 compared with yesterday [2]