Egg: Price Rebounds, Beware of a Flash in the Pan(Nov 2)

November 2, 2026

LLDD-global

5447

Guide

Highlights at a glance

Egg prices have shown a notable rebound in major production areas, with red eggs averaging 4.23 yuan/jin and pink eggs at 4.21 yuan/jin. Improved procurement sentiment, smooth circulation, and traders' active restocking contribute to market recovery. On the supply side, laying rates seasonally recover with cooler temperatures, while declining enthusiasm for culling hens impacts supply chains minimally. On the demand side, seasonal off-peak consumption dampens momentum, although extended egg storage time and traders' inventory rotation provide bottom support. Egg futures trading also shows active participation, with DCE's main contract experiencing a sharp increase of 3.88%. The domestic egg spot price index has risen slightly, indicating a potential sustained upward trend in the market. Stay informed to navigate short-term fluctuations effectively.

Egg: Price Rebounds, Beware of a Flash in the Pan

Egg Market Analysis

Today, egg price quotes in major production areas showed a clear upward trend. The average red egg price was 4.23 yuan/jin, and the average pink egg price was 4.21 yuan/jin, with the red-pink price spread narrowing to 0.02. The average price in major production areas was 4.22 yuan/jin, up 0.03 from the previous trading day. Currently, terminal procurement sentiment is warming up, restocking and procurement enthusiasm has recovered somewhat, market transactions are recovering, circulation channel shipments are relatively smooth, the overall market performance is firm, egg price gains are notable, and market sentiment has improved noticeably compared to earlier periods.

Egg Market Price

Egg Market Outlook

From the supply side, as temperatures decline, laying rates have seasonally recovered, further amplifying supply release. Recently, influenced by rising egg prices, farmers' enthusiasm for culling hens has weakened somewhat, with some enterprises adopting a wait-and-see attitude on extended rearing.

From the demand side, after the two holidays, consumption has entered the traditional off-season, and trader procurement pace has slowed. However, with improved storage conditions, the procurement sentiment of traders and food processing enterprises has recovered somewhat, with procurement pace improving compared to earlier periods, providing phased favorable support for egg prices.

Overall, supply-side inventory shows a slight increase with stable supply, while the demand side lacks concentrated drivers in the off-season. However, low temperatures extend egg storage time, and traders' inventory rotation operations provide some bottom support.

Egg Futures Trends

On November 2, the Dalian Commodity Exchange (DCE) egg futures main contract 2612 opened at 3,450, with a high of 3,585, low of 3,431, settlement price of 3,535, up 133/3.88%. Trading volume was 653,933 lots, with open interest of 211,697 lots.

Egg Index Analysis

According to Cold Chain DuoDuo data calculations, on November 2, the domestic egg spot price index was 4.216, up 0.157 from the previous working day.