瑞达期货鸡蛋产业日报-20260211

1. Report Industry Investment Rating - No relevant information provided 2. Core Viewpoints of the Report - The pre - stocking for the Spring Festival is coming to an end, the egg sales are stable, the supply and demand are relatively balanced, and the breeding side has a good profit and a strong willingness to support prices. With the support of good profits, the enthusiasm for chick replenishment has increased while that for old chicken culling has slightly slowed down, weakening the expectation of a decline in inventory. From the perspective of the futures market, restricted by high inventory pressure and the expectation of egg price decline after the Spring Festival, the futures price has been generally weak recently, 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 2,923 yuan per 500 kilograms, with a week - on - week increase of 12 yuan. The net long position of the top 20 futures holders of eggs is - 11,506 lots, a decrease of 3,854 lots compared to last period. The egg futures spread between May and September contracts is - 422 yuan per 500 kilograms, with a week - on - week increase of 48 yuan. The futures trading volume of the active egg contract is 106,233 lots, a decrease of 17,042 lots compared to last period. The registered warehouse receipt volume of eggs is 0 lots. [2] 3.2 Spot Market - The spot price of eggs is 3.43 yuan per catty, with a week - on - week decrease of 0.01 yuan. The national laying hen inventory index is 109.28 (with 2015 as the base year of 100), and the national culled laying hen index is 124.98 (with 2015 as the base year of 100), with a week - on - week decrease of 23.8. The basis (spot - futures) is - 2.75 yuan per 500 kilograms. [2] 3.3 Upstream Situation - The average price of laying hen chicks in the main production areas is 3.2 yuan per chick, remaining unchanged. The national new - born chick index is 71.99 (with 2015 as the base year of 100), with a week - on - week decrease of 21.63. The average price of laying - hen compound feed is 2.84 yuan per kilogram, remaining unchanged. The breeding profit per laying hen is 0.03 yuan per week, a decrease of 0.27 yuan compared to last period. The average price of culled chickens in the main production areas is 8.86 yuan per kilogram, a decrease of 0.58 yuan compared to last period. The average age of culled chickens in the country is 500 days, remaining unchanged. [2] 3.4 Industry Situation - The average wholesale price of pork is 18.16 yuan per kilogram, a decrease of 0.1 yuan compared to last period. The average wholesale price of 28 key - monitored vegetables is 5.55 yuan per kilogram, an increase of 0.03 yuan compared to last period. The average wholesale price of dressed chickens is 17.39 yuan per kilogram, an increase of 0.25 yuan compared to last period. The weekly inventory in the circulation link is 1.07 days, an increase of 0.02 days compared to last period. The weekly inventory in the production link is 1.02 days, an increase of 0.05 days compared to last period. The monthly export volume of fresh eggs is 14,898.72 tons, an increase of 1,853.2 tons compared to last period. [2] 3.5 Downstream Situation - The weekly consumption volume of eggs in the sales areas is 7,210 tons, a decrease of 165 tons compared to last period. [2] 3.6 Industry News - Today, the average price of eggs in Shandong, a major production area, is 6.88 yuan per kilogram, remaining unchanged from yesterday; the average price of eggs in Hebei is 6.72 yuan per kilogram, remaining unchanged from yesterday; the average price of eggs in Guangdong is 6.87 yuan per kilogram, remaining unchanged from yesterday; the average price of eggs in Beijing is 7.56 yuan per kilogram, remaining unchanged from yesterday. [2]