In China, egg prices have experienced a significant decline throughout 2024, with the average wholesale price dropping by over 17% to around 4 yuan/jin, primarily due to an oversupply of laying hens. Despite a brief uptick in demand during April holidays, the market has not absorbed the increased supply, leading to a continuous price decrease since September 2023. The fall in feed prices has somewhat cushioned the industry from deep financial losses, keeping breeding profits near the break-even point. Some producers have paradoxically expanded their operations, maintaining a positive cash flow within the sector. Industry insiders anticipate that egg prices may further decline in the second quarter due to persistent weak demand but could rebound in August around the Mid-Autumn Festival, though not expected to reach the previous year's levels. Farmers are being advised to use financial instruments like futures, 'insurance + futures', or OTC options to mitigate the impact of falling prices.