瑞达期货鸡蛋产业日报-20260305

1. Report Industry Investment Rating - No information provided 2. Core View of the Report - The supply side has high inventory, slow elimination of old chickens, and overall sufficient supply. The demand side is in the post - holiday off - season, with weak terminal consumption after the Lantern Festival stocking, and the spot price maintains a low - level shock. However, with the resumption of work and production of enterprises, the market sales have slightly improved, and the feed cost is relatively stable. Most of the breeding is in a state of breaking even or small profit, and the market sentiment has great differences. In terms of the futures market, the futures price has rebounded slightly at a low level in the past two days, but the high - inventory pressure still exists, and short - term participation is recommended [2] 3. Summary by Relevant Catalogs 3.1 Futures Market - The futures closing price of the active contract of eggs is 3396 yuan/500 kilograms, with a change of 187 compared to the previous period. The net long position of the top 20 futures holders of eggs is 2606 hands, with a change of 4882. The monthly spread between May and September of egg futures is - 402 yuan/500 kilograms, with a change of 13. The futures trading volume of the active contract of eggs is 172637 hands, with a change of 75030. The registered warehouse receipt volume of eggs is 0 hands, with a change of - 2 [2] 3.2 Spot Market - The spot price of eggs is 2.96 yuan/jin, with a change of - 0.02. The basis (spot - futures) is - 438 yuan/500 kilograms, with a change of - 204 [2] 3.3 Upstream Situation - The laying hen inventory index in the whole country is 109.28 (with 2015 = 100), with a change of - 2.75. The elimination index of laying hens in the whole country is 124.98 (with 2015 = 100), with a change of 23.8. The average price of laying hen chicks in the main production areas is 3.3 yuan/feather, with a change of 0.1. The new chick index in the whole country is 71.99 (with 2015 = 100), with a change of - 21.63. The average price of laying hen compound feed is 2.8 yuan/kg, with no change. The breeding profit of laying hens is - 0.49 yuan/hen, with a change of - 0.4. The average price of eliminated hens in the main production areas is 8.86 yuan/kg, with no change. The age of eliminated hens in the whole country is 500 days, with no change [2] 3.4 Industry Situation - The average wholesale price of pork is 17.2 yuan/kg. The average wholesale price of 28 key - monitored vegetables is 5.12 yuan/kg, with a change of - 0.01. The average wholesale price of white - striped chickens is 17.7 yuan/kg, with a change of 0.41. The weekly inventory in the circulation link is 1.18 days, with a change of - 0.08. The weekly inventory in the production link is 1.29 days, with a change of 0.05. The monthly export volume of fresh eggs is 14898.72 tons, with a change of 1853.2 [2] 3.5 Downstream Situation - The weekly consumption of eggs in the sales area is 4278 tons, with a change of - 2112 [2] 3.6 Industry News - The average price of eggs in Shandong, the main production area, is 5.94 yuan/kg, unchanged from yesterday; the average price of eggs in Hebei is 5.58 yuan/kg, a decrease of 0.12 compared to yesterday; the average price of eggs in Guangdong is 6.27 yuan/kg, unchanged from yesterday; the average price of eggs in Beijing is 6.10 yuan/kg, a decrease of 0.10 compared to yesterday [2]