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Will egg prices continue to rise in August?
Prices should still go up. Although the egg futures price guides the spot market price, there may be room for growth in the long run. As schools start school in August, and the Mid-Autumn Festival in September involves manufacturers stocking up in advance, eggs will generally reach the highest demand point in the whole year in the third quarter. Now the price in the producing area is basically 4. 1-4.2 yuan/kg, and it should be expected to reach about 4.5 yuan/kg by the end of August, but there may be a risk of a decline in recent days.

This round of egg price increase is caused by multiple factors. Due to the high temperature, the laying rate in summer generally dropped by about 5%, and the original market supply declined. In addition, there is more rain in the southern rainy season in July, and the quality of eggs is not good, so it is easy to deteriorate when transported from the producing area. However, since mid-July, the rainy season has eased, dealers' purchasing enthusiasm has increased, and demand has picked up accordingly.

Extended data

Egg prices rose by more than 60% in January.

"In the first half of 20 17, the price of eggs in producing areas generally fell below 2 yuan per catty, which is a historical low point in recent years. In addition, the price of eggs in the first half of this year has been considered as a low level in recent years, so the current egg price has risen so quickly that it has exceeded the expectations of the industry." Talking about the trend of domestic egg prices in July, Zhuo Chuang analyst Zhu Zekun said that the average price of eggs in origin was still 2.38 yuan/kg in early July, but it has reached a relatively high point of 4. 1 yuan -4.2 yuan/kg. It is rare for egg prices to rise so much in a short period of time.

Statistics show that, as of July 29th, the average price of eggs in the main producing areas in China rose to 3.99 yuan/kg, up 1.6 1 yuan/kg from the beginning of the month, with a cumulative increase of 67.65%, especially in the latter part of the year, with a daily increase of 0.2-0.3 yuan/kg in some areas. At present, except Northeast China and Hebei.

Although the main contract of eggs in the domestic futures market declined on August 3, the price of eggs in the spot market still maintained an upward trend. According to the data of Agricultural Products Futures Network, on August 3rd, the price of fresh eggs in various wholesale markets generally rose, and the price of eggs in some large wholesale markets in Beijing and Shanghai increased by 0.2 yuan -0.5 yuan/kg compared with the previous day.