fishingglasses| Egg market analysis: National stocks increased year-on-year, spot prices bottomed out expectations and May Day impact

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Egg prices are stable across the country.FishingglassesThe average price in the main producing areas is 3.Fishingglasses.32 yuan / jin, and the average price in the main selling area is 3.51 yuan / jin. The stock of laying hens showed a warming trend, with a monthly stock of about 1.233 billion, an increase of 1.1% over the previous month. After the Qingming Festival, the market is looking forward to May Day, but the spot price is pessimistic, the futures 05 contract is flexible, and the rebound pressure is great.

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The price of eggs is stable, and the futures market is greatly affected by supply. Today, the price of eggs across the country remains unchanged, with an average price of 3.32 yuan per jin in the main producing areas and 3.51 yuan per jin in the main selling areas. The performance of the spot market is weak, the market is looking forward to the May Day demand after the Qingming Festival, but the supply is large, the spot price is gradually falling, and the market mood is pessimistic. Rain Water is frequent in the southern region, which affects the purchasing enthusiasm of the downstream. The spot is expected to hit bottom at the time of stock preparation on Friday, but it is not easy to boost confidence in the futures market. After May Day, it will enter the off-season of Meiyu. In terms of futures, the 05 contract fell from 3150 points to 2900 points last week, with 09 contracts running in the range of 3750-3850. The 8-9 price gap narrowed rapidly, and the market had obvious feedback on the downturn in recent months. In operation, 05 contract flexibility, spot weak background, rebound pressure. Pay attention to the height and time of the May Day high, the rainy season may put pressure on the contract in recent months. [the stock of laying hens continues to grow] by the end of March, the number of laying hens in the country was about 1.233 billion, an increase of 1.1% from the previous month and 3.8% from the same period last year. The number of laying hens emerged in March was about 45.04 million, which was warmer than that in February, but it was only medium level in the same period of history. As of April 18, the average age of Taoji was 504 days, unchanged from the previous month, and 4 days earlier than last month. After the festival, the number of chickens recovered gradually, and the increase of chicken supply was eliminated due to the weak price of eggs.