Report Industry Investment Rating - No information provided Core View of the Report - Eggs have entered the seasonal demand off - season, with high laying - hen inventory and large pressure from newly - laid eggs of previously replenished hens, resulting in sufficient egg supply. Affected by the rainy season, high - temperature and high - humidity climate increases egg storage costs, making downstream dealers cautious in purchasing. Egg prices are continuously at a relatively low level compared to the same period, and the breeding side is in a continuous loss state. However, after the price reaches a relatively low level, the process of old - hen elimination accelerates, reducing the inventory expectation. The near - month futures price drops again due to the decline of the spot price, while the far - month contract is obviously resistant to decline, and it is advisable to try to go long on the far - month contract with a light position [2] Summary by Relevant Catalogs Futures Market - The futures closing price of the active egg contract is 3449 yuan/500 kilograms, down 133 yuan; the net long position of the top 20 futures holders is - 30493 hands, up 1462 hands; the egg futures monthly spread (9 - 1) is - 57 yuan/500 kilograms, down 108 yuan; the futures holding volume of the active contract is 181589 hands, up 933 hands; the registered warehouse receipt volume is 153 hands, up 3 hands [2] 现货市场 - The egg spot price is 2.62 yuan/jin, down 0.06 yuan; the basis (spot - futures) is - 831 yuan/500 kilograms, up 77 yuan [2] Upstream Situation - The national laying - hen inventory index is 110.89 (2015 = 100), down 1.46; the national eliminated laying - hen index is 108.68 (2015 = 100), up 11.92; the average price of egg - chicken chicks in the main production areas is 3.9 yuan/feather, down 0.1 yuan; the national new - chick index is 106.78 (2015 = 100), down 31.9; the average price of egg - chicken compound feed is 2.72 yuan/kilogram, down 0.02 yuan; the egg - chicken breeding profit is - 0.58 yuan/head, down 0.17 yuan; the average price of eliminated chickens in the main production areas is 9.4 yuan/kilogram, up 0.16 yuan; the national eliminated - chicken age is 506 days, down 4 days [2] Industry Situation - The average wholesale price of pork is 20.66 yuan/kilogram, up 0.08 yuan; the average wholesale price of 28 key - monitored vegetables is 4.36 yuan/kilogram, up 0.02 yuan; the average wholesale price of dressed chickens is 17.14 yuan/kilogram, up 0.02 yuan; the weekly inventory in the circulation link is 1.22 days, up 0.18 days; the weekly inventory in the production link is 1.12 days, up 0.2 days; the monthly export volume of fresh eggs is 12792.51 tons, down 110.81 tons [2] Downstream Situation - The weekly consumption of eggs in the sales area is 7937 tons, up 410 tons [2] Industry News - The average price of eggs in Shandong, the main production area, is 5.04 yuan/kilogram, down 0.16 yuan from yesterday; in Hebei, it is 4.90 yuan/kilogram, down 0.09 yuan; in Guangdong, it is 6.00 yuan/kilogram, down 0.20 yuan; in Beijing, it is 5.30 yuan/kilogram, down 0.20 yuan [2]

Report Summary 1) Report Industry Investment Rating - The report suggests a light - position trial for long positions as the futures price has shown a tendency to stop falling and recover after reaching the low - valuation area [2] 2) Core View of the Report - After the festival, the egg market enters the seasonal demand off - season. With a high egg - laying hen inventory and the pressure of newly - laid eggs from previously replenished hens, egg supply is sufficient. The storage cost increases due to the rainy season, leading to cautious purchasing by downstream dealers. Egg prices are at a relatively low level compared to the same period, and the breeding end is in a continuous loss state. However, the process of culling old hens has accelerated after the price reached a relatively low level, reducing the inventory expectation [2] 3) Summary by Relevant Catalogs Futures Market - The futures closing price of the active egg contract is 3,550 yuan per 500 kilograms, down 11 yuan; the net long position of the top 20 futures holders is - 20,481 lots, down 88 lots; the egg futures monthly spread (9 - 1) is 19 yuan per 500 kilograms, down 11 yuan; the futures holding volume of the active contract is 234,921 lots, down 2,313 lots; the registered warehouse receipt volume is 0 lots [2] Spot Market - The egg spot price is 2.84 yuan per catty, down 0.01 yuan; the basis (spot - futures) is - 709 yuan per 500 kilograms, down 2 yuan [2] Upstream Situation - The national egg - laying hen inventory index is 110.89 (with 2015 = 100), down 1.46; the national culled egg - laying hen index is 108.68 (with 2015 = 100), up 11.92; the average price of egg - laying chicken chicks in the main production areas is 4 yuan per chick, down 0.1 yuan; the national new - chick index is 106.78 (with 2015 = 100), down 31.9; the average price of egg - laying chicken compound feed is 2.74 yuan per kilogram, unchanged; the breeding profit of egg - laying chickens is - 0.47 yuan per chicken, up 0.08 yuan; the average price of culled chickens in the main production areas is 8.88 yuan per kilogram, down 0.24 yuan; the national average age of culled chickens is 506 days, down 4 days [2] Industry Situation - The average wholesale price of pork is 20.31 yuan per kilogram, up 0.09 yuan; the average wholesale price of 28 key - monitored vegetables is 4.38 yuan per kilogram, up 0.03 yuan; the average wholesale price of dressed chickens is 17.42 yuan per kilogram, up 0.43 yuan; the weekly inventory in the circulation link is 1.04 days, down 0.01 days; the weekly inventory in the production link is 0.92 days, down 0.11 days; the monthly export volume of fresh eggs is 12,792.51 tons, down 110.81 tons [2] Downstream Situation - The weekly egg consumption in the sales area is 7,527 tons, down 667 tons [2] Industry News - The average egg price in Shandong, Hebei, Guangdong, and Beijing in the main production areas remained unchanged from the previous day. After the festival, the egg market enters the seasonal demand off - season, with sufficient supply, increased storage costs, and cautious purchasing by downstream dealers [2] Viewpoint Summary - Egg supply is sufficient, prices are at a relatively low level, and the breeding end is in a loss state. However, the culling of old hens has accelerated, and the futures price has shown a tendency to stop falling and recover, suggesting a light - position trial for long positions [2]

1. Report Industry Investment Rating - Not provided in the report 2. Report's Core View - After the festival, eggs enter the seasonal demand off - season, with high egg - laying hen inventory and large pressure from newly - laid hens. Egg supply is sufficient. Due to hot and humid weather, storage costs increase, downstream dealers are cautious in purchasing, egg prices are at a relatively low level, and the farming end is in a loss state. However, as prices reach a relatively low level, the culling of old hens has accelerated, reducing the expected inventory. The futures price has a tendency to stop falling and recover after reaching the low - valuation area, and it is advisable to try long positions with a light position [2] 3. Summary According to Relevant Catalogs 3.1 Futures Market - The futures closing price of the active egg contract is 3618 yuan/500 kilograms, a decrease of 1 yuan; the net long position of the top 20 futures holders of eggs is - 17604 hands, a decrease of 7288 hands; the egg futures monthly spread (9 - 1) is 86 yuan/500 kilograms, a decrease of 25 yuan; the futures trading volume of the active egg contract is 240827 hands, a decrease of 2414 hands; the registered warehouse receipt volume of eggs is 0 hands [2] 3.2 Spot Market - The spot price of eggs is 2.84 yuan/jin, an increase of 0.07 yuan; the basis (spot - futures) is - 773 yuan/500 kilograms, an increase of 70 yuan [2] 3.3 Upstream Situation - The national laying hen inventory index is 112.35 (2015 = 100), a decrease of 4.09; the national culled laying hen index is 96.76 (2015 = 100), a decrease of 21.67; the average price of chicklings in the main producing areas is 4.1 yuan/feather, unchanged; the national new - hatched chick index is 138.68 (2015 = 100), an increase of 23.55; the average price of laying hen compound feed is 2.74 yuan/kg, unchanged; the laying hen farming profit is - 0.55 yuan/hen, a decrease of 0.11 yuan; the average price of culled chickens in the main producing areas is 9.12 yuan/kg, a decrease of 0.14 yuan; the national culled chicken age is 510 days, a decrease of 6 days [2] 3.4 Industry Situation - The average wholesale price of pork is 20.29 yuan/kg, an increase of 0.05 yuan; the average wholesale price of 28 key - monitored vegetables is 4.37 yuan/kg, an increase of 0.07 yuan; the average wholesale price of dressed chickens is 17.1 yuan/kg, an increase of 0.11 yuan; the weekly inventory in the circulation link is 1.05 days, an increase of 0.02 days; the weekly inventory in the production link is 1.03 days, an increase of 0.09 days; the monthly export volume of fresh eggs is 12792.51 tons, a decrease of 110.81 tons [2] 3.5 Downstream Situation - The weekly consumption of eggs in the sales area is 8194 tons, a decrease of 662 tons [2] 3.6 Industry News - The average price of eggs in Shandong's main producing area is 5.72 yuan/kg, an increase of 0.18 yuan compared with yesterday; in Hebei, it is 5.41 yuan/kg, an increase of 0.13 yuan; in Guangdong, it is 6.20 yuan/kg, unchanged; in Beijing, it is 5.90 yuan/kg, an increase of 0.20 yuan [2]

Report Summary 1. Report Industry Investment Rating No information provided. 2. Core Viewpoints - After the festival, eggs enter the seasonal demand off - season, with high laying - hen inventory and great pressure from newly - laid eggs of previously replenished hens, resulting in sufficient egg supply [2]. - Affected by hot and humid weather, egg storage costs increase, downstream dealers are cautious in purchasing, egg prices remain low compared to the same period, and the farming sector continues to incur losses [2]. - The expectation of loose supply is reflected in the futures market, and the futures price valuation is generally not high. If the spot price remains low, it may boost the enthusiasm for old - hen culling and reduce the enthusiasm for replenishment, which is beneficial to the forward price [2]. - The futures price has shown a tendency to stop falling and recover after reaching the low - valuation area. It is advisable to lightly test long positions in forward contracts [2]. 3. Summary by Relevant Catalogs Futures Market - The futures closing price of the active egg contract is 3,545 yuan/500 kilograms, a decrease of 37 yuan; the net long position of the top 20 futures holders is - 12,585 lots, an increase of 4,069 lots [2]. - The egg futures monthly spread (9 - 1) is 38 yuan/500 kilograms, a decrease of 36 yuan; the futures trading volume of the active contract is 235,228 lots, a decrease of 4,622 lots [2]. - The registered warehouse receipt volume of eggs is 0 lots, unchanged [2]. 现货市场 - The egg spot price is 2.77 yuan/jin, an increase of 0.08 yuan; the basis (spot - futures) is - 779 yuan/500 kilograms, an increase of 116 yuan [2]. Upstream Situation - The national laying - hen inventory index is 112.35 (2015 = 100), a decrease of 4.09; the national culled laying - hen index is 96.76 (2015 = 100), a decrease of 21.67 [2]. - The average price of egg - chicken chicks in the main production areas is 4.1 yuan/chick, unchanged; the national new - chick index is 138.68 (2015 = 100), an increase of 23.55 [2]. - The average price of egg - chicken compound feed is 2.74 yuan/kg, unchanged; the egg - chicken farming profit is - 0.55 yuan/hen, a decrease of 0.11 yuan [2]. - The average price of culled chickens in the main production areas is 9.12 yuan/kg, a decrease of 0.14 yuan; the national culled - chicken age is 510 days, a decrease of 6 days [2]. Industry Situation - The average wholesale price of pork is 20.23 yuan/kg, a decrease of 0.14 yuan; the average wholesale price of 28 key - monitored vegetables is 4.4 yuan/kg, an increase of 0.03 yuan [2]. - The average wholesale price of dressed chickens is 16.89 yuan/kg, a decrease of 0.31 yuan; the weekly inventory in the circulation link is 1.05 days, an increase of 0.02 days [2]. - The weekly inventory in the production link is 1.03 days, an increase of 0.09 days; the monthly export volume of fresh eggs is 12,792.51 tons, a decrease of 110.81 tons [2]. 下游情况 - The weekly egg consumption in the sales areas is 8,194 tons, a decrease of 662 tons [2]. Industry News - Today, the average egg price in Shandong's main production area is 5.54 yuan/kg, an increase of 0.21 yuan; in Hebei, it is 5.28 yuan/kg, an increase of 0.17 yuan; in Guangdong, it is 6.20 yuan/kg, unchanged; in Beijing, it is 5.70 yuan/kg, an increase of 0.20 yuan [2]. Key Focus - Pay attention to the impact of the spot price on the laying - hen inventory. There is no news today [2].

鸡蛋产业日报 2025-06-16 | 项目类别 | 数据指标 | 最新 | 环比 数据指标 | 最新 | 环比 | | --- | --- | --- | --- | --- | --- | | 期货市场 | 期货收盘价(活跃合约):鸡蛋(日,元/500千 | 3582 | 26 期货前20名持仓:净买单量:鸡蛋(日,手) | -16654 | -9257 | | | 克) 鸡蛋期货月间价差(9-1):(日,元/500千克) | 74 | 37 期货持仓量(活跃合约):鸡蛋(日,手) | 239850 | 11605 | | | 注册仓单量:鸡蛋(日,手) | 0 | 0 | | | | 现货市场 | 鸡蛋现货价格(日,元/斤) | 2.69 | 0.08 基差(现货-期货)(日,元/500千克) | -895 | 53 | | 上游情况 | 产蛋鸡存栏指数:全国(月,2015=100) | 112.35 | -4.09 淘汰产蛋鸡指数:全国(月,2015=100) | 96.76 | -21.67 | | | 主产区平均价:蛋鸡苗(周,元/羽) | 4.1 | 0 新增雏鸡指数:全国(月,2015=100 ...

数据来源于第三方，观点仅供参考。市场有风险，投资需谨慎！ 货价格对蛋鸡存栏的影响。盘面来看，现货价格持续偏弱运行，拖累近月期价总体偏弱，不过，远期合约 研究员: 许方莉 期货从业资格号F3073708 期货投资咨询从业证书号Z0017638 有止跌回暖倾向，可轻仓试多远期合约。 鸡蛋产业日报 2025-06-12 | 项目类别 | 数据指标 | 最新 | 环比 数据指标 | 最新 | 环比 | | --- | --- | --- | --- | --- | --- | | 期货市场 | 期货收盘价(活跃合约):鸡蛋(日,元/500千 | 3489 | -26 期货前20名持仓:净买单量:鸡蛋(日,手) | -5908 | -1144 | | | 克) 鸡蛋期货月间价差(9-1):(日,元/500千克) | -1 | -35 期货持仓量(活跃合约):鸡蛋(日,手) | 224364 | 14337 | | | 注册仓单量:鸡蛋(日,手) | 0 | 0 | | | | 现货市场 | 鸡蛋现货价格(日,元/斤) | 2.69 | -0.08 基差(现货-期货)(日,元/500千克) | -822 | -765 | ...

货价格对蛋鸡存栏的影响。盘面来看，现货价格持续偏弱运行，拖累近月期价总体偏弱，不过，远期合约 研究员: 许方莉 期货从业资格号F3073708 期货投资咨询从业证书号Z0017638 有止跌回暖倾向，可轻仓试多远期合约。 免责声明 本报告中的信息均来源于公开可获得资料，瑞达期货股份有限公司力求准确可靠，但对这些信息的准确性及完整性不做任 何保证，据此投资，责任自负。本报告不构成个人投资建议，客户应考虑本报告中的任何意见或建议是否符合其特定状况。本 报告版权仅为我公司所有，未经书面许可，任何机构和个人不得以任何形式翻版、复制和发布。如引用、刊发，需注明出处为 瑞达期货股份有限公司研究院，且不得对本报告进行有悖原意的引用、删节和修改。 | 项目类别 | 数据指标 | 最新 | 环比 数据指标 | 最新 | 环比 | | --- | --- | --- | --- | --- | --- | | 期货市场 | 期货收盘价(活跃合约):鸡蛋(日,元/500千 | 3515 | 682 期货前20名持仓:净买单量:鸡蛋(日,手) | -4764 | 2509 | | | 克) 鸡蛋期货月间价差(9-1):(日,元/50 ...

鸡蛋产业日报 2025-06-10 | 项目类别 | 数据指标 | 最新 | 环比 数据指标 | 最新 | 环比 | | --- | --- | --- | --- | --- | --- | | 期货市场 | 期货收盘价(活跃合约):鸡蛋(日,元/500千 | 2833 | -4 期货前20名持仓:净买单量:鸡蛋(日,手) | -7273 | -300 | | 克) | 鸡蛋期货月间价差(9-1):(日,元/500千克) | 64 | -45 期货持仓量(活跃合约):鸡蛋(日,手) | 109090 | -10284 | | | 注册仓单量:鸡蛋(日,手) | 0 | 0 | | | | 现货市场 | 鸡蛋现货价格(日,元/斤) | 2.78 | 0 基差(现货-期货)(日,元/500千克) | -57 | 4 | | 上游情况 | 产蛋鸡存栏指数:全国(月,2015=100) | 112.35 | -4.09 淘汰产蛋鸡指数:全国(月,2015=100) | 96.76 | -21.67 | | | 主产区平均价:蛋鸡苗(周,元/羽) | 4.1 | 0 新增雏鸡指数:全国(月,2015=100) | 1 ...

鸡蛋产业日报 2025-06-04 将迫使老鸡淘汰积极性提升和降低补栏积极性，对远期价格有所利好，关注现货价格对蛋鸡存栏的影响。 数据来源于第三方，观点仅供参考。市场有风险，投资需谨慎！ 盘面来看，现货价格持续处于低位，拖累期价总体偏弱，不过，远月跌势明显放缓，短期暂且观望。 研究员: 许方莉 期货从业资格号F3073708 期货投资咨询从业证书号Z0017638 免责声明 本报告中的信息均来源于公开可获得资料，瑞达期货股份有限公司力求准确可靠，但对这些信息的准确性及完整性不做任 何保证，据此投资，责任自负。本报告不构成个人投资建议，客户应考虑本报告中的任何意见或建议是否符合其特定状况。本 报告版权仅为我公司所有，未经书面许可，任何机构和个人不得以任何形式翻版、复制和发布。如引用、刊发，需注明出处为 瑞达期货股份有限公司研究院，且不得对本报告进行有悖原意的引用、删节和修改。 | 项目类别 | 数据指标 | 最新 | 环比 数据指标 | 最新 | 环比 | | --- | --- | --- | --- | --- | --- | | | 期货收盘价(活跃合约):鸡蛋(日,元/500千 | 2877 | -20 ...

鸡蛋产业日报 2025-05-27 | 项目类别 | 数据指标 | 最新 | 环比 数据指标 | 最新 | 环比 | | --- | --- | --- | --- | --- | --- | | 期货市场 | 期货收盘价(活跃合约):鸡蛋(日,元/500千 | 2885 | -58 期货前20名持仓:净买单量:鸡蛋(日,手) | -4273 | -1504 | | | 克) 鸡蛋期货月间价差(9-1):(日,元/500千克) | 160 | -38 期货持仓量(活跃合约):鸡蛋(日,手) | 182190 | 6557 | | | 注册仓单量:鸡蛋(日,手) | 18 | 15 | | | | 现货市场 | 鸡蛋现货价格(日,元/斤) | 2.99 | 0.07 基差(现货-期货)(日,元/500千克) | 105 | 124 | | 上游情况 | 产蛋鸡存栏指数:全国(月,2015=100) | 112.35 | -4.09 淘汰产蛋鸡指数:全国(月,2015=100) | 96.76 | -21.67 | | | 主产区平均价:蛋鸡苗(周,元/羽) | 4.15 | 0 新增雏鸡指数:全国(月,2015 ...