瑞达期货鸡蛋产业日报-20260210

1. Report Industry Investment Rating - No information provided in the given content. 2. Core Viewpoints - The previous replenishment was relatively low, so the current pressure of new egg - laying hens is not significant, and the egg - laying hen inventory will continue to decline. However, the current in - production inventory is still at a high level. The pre - festival stocking is coming to an end, the sales are stable, and the supply and demand are relatively balanced. The breeding side has good profits and a strong willingness to hold prices. Supported by good profits, the enthusiasm for chick replenishment has increased, while the enthusiasm for culling old hens has slightly slowed down, weakening the expectation of inventory decline. From the perspective of the futures market, restricted by the high - inventory pressure and the expectation of egg price decline after the Spring Festival, the futures price has also weakened, increasing market volatility. It is recommended to participate in the short - term [2]. 3. Summary by Relevant Catalogs 3.1 Futures Market - The futures closing price of the active egg contract is 2,911 yuan per 500 kilograms, with a week - on - week increase of 2 [2]. - The net long position of the top 20 futures holders of eggs is -7,652 lots, with a week - on - week increase of 1,623 [2]. - The egg futures spread between the May and September contracts is -470 yuan per 500 kilograms, with a week - on - week increase of 13 [2]. - The futures trading volume of the active egg contract is 123,275 lots, with a week - on - week decrease of 16,190 [2]. - The registered warehouse receipt volume of eggs is 0 lots, with no week - on - week change [2]. 3.2现货市场 - The spot price of eggs is 3.44 yuan per catty, with no week - on - week change [2]. - The basis (spot - futures) is 527 yuan per 500 kilograms, with a week - on - week decrease of 2 [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 [2]. - The national culled laying - hen index (monthly, 2015 = 100) is 124.98, with a month - on - month increase of 23.8 [2]. - The average price of laying - hen chicks in the main production areas is 3.2 yuan per chick, with no week - on - week change [2]. - The national new - chick index (monthly, 2015 = 100) is 71.99, with a month - on - month decrease of 21.63 [2]. - The average price of laying - hen feed is 2.84 yuan per kilogram, with no week - on - week change [2]. - The breeding profit of laying hens is 0.03 yuan per hen, with a week - on - week decrease of 0.27 [2]. - The average price of culled hens in the main production areas is 8.86 yuan per kilogram, with a week - on - week decrease of 0.58 [2]. - The national average age of culled hens is 500 days, with no month - on - month change [2]. 3.4 Industry Situation - The average wholesale price of pork is 18.26 yuan per kilogram, with a day - on - day decrease of 0.08 [2]. - The average wholesale price of 28 key - monitored vegetables is 5.52 yuan per kilogram, with a day - on - day increase of 0.04 [2]. - The average wholesale price of dressed chickens is 17.14 yuan per kilogram, with a day - on - day decrease of 0.04 [2]. - The weekly inventory in the circulation link is 1.07 days, with a week - on - week increase of 0.02 [2]. - The weekly inventory in the production link is 1.02 days, with a week - on - week increase of 0.05 [2]. - The monthly export volume of fresh eggs is 14,898.72 tons, with a month - on - month increase of 1,853.2 [2]. 3.5 Downstream Situation - The weekly consumption volume of eggs in the sales area is 7,210 tons, with a week - on - week decrease of 165 [2]. 3.6 Industry News - The average price of eggs in Shandong, the main production area, is 6.88 yuan per kilogram, unchanged from yesterday; the average price of eggs in Hebei is 6.72 yuan per kilogram, unchanged from yesterday; the average price of eggs in Guangdong is 6.87 yuan per kilogram, unchanged from yesterday; the average price of eggs in Beijing is 7.56 yuan per kilogram, unchanged from yesterday [2]. 3.7 Key Points to Watch - There is no news today [2].