Egg: "Off-Season Mode" Begins（Sep 23）
Egg: "Off-Season Mode" Begins
Egg Market Analysis
Egg Market Prices
Egg Market Outlook
On the supply side, new production capacity continues to be released steadily, while the pace of old hen culling has slowed, and the supply-reducing effect from elimination has weakened significantly. With both factors at play, the overall market supply is ample, and supply pressure is gradually emerging.
On the demand side, holiday stocking has completely concluded, and end-consumer demand has entered a seasonal off-season, with concentrated procurement demand fading. Market sales are notably sluggish, the pace of transactions has slowed, and inventory is gradually accumulating across all stages of the supply chain, increasing the pressure for destocking.
Overall, with ample supply and demand entering the seasonal off-season, the supply-demand relationship is loosening. Egg prices face downward pressure and are likely to trend weakly, with the risk of inventory accumulation requiring close attention.
Egg Futures Trends
On September 23, the Dalian Commodity Exchange (DCE) egg futures main contract 2611 opened at 3,876, with a high of 3,908, a low of 3,833, and a settlement price of 3,868, down 36 / 0.93%. Trading volume was 380,196 lots, and open interest stood at 293,240 lots.
Egg Price Index Analysis
According to Lenglianduoduo data calculations, the domestic egg spot price index on September 23 was 5.029, down 0.056 compared to the previous trading day.
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