Experts comment on the problem of falling egg prices: the behind-the-scenes push for the jump in egg prices is "futures and egg market", while the trend of egg prices in the later period depends on how traders operate and has nothing to do with market sales. Experts say that the average wholesale price of eggs in Xinfadi market was 2.44 yuan/kg on June 13, and 3.54 yuan/kg on June 23, and the price rose by 45.08% on June 10, which was faster than what people often say.
He also said that since the previous sharp rise in prices was a "disaster" caused by futures, there was no room for a sharp rise in prices from the market supply level. Therefore, prices fell rapidly in the early part of last week and stabilized in the late part of the week. However, the price of this wave has risen sharply, which has caused serious damage to the laying hen breeding industry. During the period of sharp price increase, the work of reducing the production capacity of laying hens completely stagnated; The enthusiasm for new chickens to fill the column has rekindled, and orders for chicks to hatch have been fully booked in just a few days, and some orders have even been arranged two to three months later.
In addition, he also said that the wholesale market needs relatively stable prices, a dynamic balance between supply capacity and demand, or a basic balance, which is the need to protect people's livelihood. However, if futures are stable and inactive, the futures market will be lifeless. Only jumping up and down or fluctuating greatly can create speculative opportunities for traders or buyers and sellers, which is the need of capital speculation. Judging from the performance of egg futures in recent three years, its interference and damage to the smooth operation of egg production are gradually increasing.