Eggs: "High-Dive Plunge", Losing the 5-Yuan Threshold（Sep 22）

Eggs: "High-Dive Plunge", Losing the 5-Yuan Threshold

Egg Market Analysis

Egg Market Price

Egg Market Outlook

On the supply side, egg production rates are steadily recovering. Farms are shipping in line with market conditions, and supply from production areas remains stable.

On the demand side, as Mid-Autumn Festival stocking nears completion, the demand-driven momentum has weakened significantly, and the overall pace of shipments from production areas has slowed. Traders have become more cautious about post-holiday market expectations, with heightened risk awareness. Purchasing has slowed, with most adopting a buy-as-needed approach and controlling inventory levels.

Overall, festive demand is providing some support, and transactions have improved compared with earlier. Bearish sentiment has also eased. Egg prices are likely to remain stable tomorrow, with minor adjustments in certain regions based on shipment flow. The market has temporarily stabilized.

Egg Futures Trend

On September 22, the main contract (2611) of egg futures on the Dalian Commodity Exchange (DCE) opened at 3,860, with a high of 3,896, a low of 3,845, and a settlement price of 3,874, up 49 points or 1.28%. Trading volume was 346,084 lots, and open interest stood at 307,911 lots.

Egg Index Analysis

According to Lenglianduoduo data, the domestic egg spot price index on September 22 was 5.085, down 0.014 compared with the previous trading day.