Egg Prices Fall Back to the "RMB 4 Era" — Will They Drop Further?（Oct 8）

Egg Prices Fall Back to the "RMB 4 Era" — Will They Drop Further?

Egg Market Analysis

Egg Market Prices

Egg Market Outlook

From the supply side, the total laying flock in major production areas is currently at normal levels. However, as temperatures decline, laying rates are gradually recovering and egg weight gain is accelerating, which partially offsets the reduction in flock size.

From the demand side, Mid-Autumn Festival stocking has completely concluded. Raw material procurement by food processing operations has contracted significantly, and downstream distribution channels are primarily消化ing earlier inventory, with weak restocking willingness. During the National Day holiday, sales varied across regions, with overall demand on the light side.

Overall, supply-demand dynamics are trending toward surplus, and egg prices face downward pressure. The short-term market is expected to be volatile with a weak bias. Post-holiday periodic restocking may provide brief support, but with overall market demand remaining subdued, egg prices are likely to continue their weak and volatile trend.

Egg Futures Trends

On October 8, the main contract (2611) of egg futures on the Dalian Commodity Exchange (DCE) opened at 3,695, with a high of 3,741, a low of 3,677, and a settlement price of 3,716, up 25/0.65%. Trading volume was 153,283 lots, with open interest at 146,138 lots.

Egg Price Index Analysis

According to data from Lenglian Duoduo, the domestic egg spot price index on October 8 was 4.161, down 0.123 from the previous working day.