In China, the price ratio of eggs to feed was 3.03 in the fourth week of March, and it is expected that egg prices will still rise

Published 2023년 3월 27일

Tridge summary

The Price Monitoring Center of the National Development and Reform Commission has reported a month-on-month increase of 2.36% in China's national egg-feed price ratio, which now stands at 3.03. This rise is expected to result in a future profit of 50.31 yuan per egg for laying hens. Despite a slight increase in egg prices due to improved demand, the market has reached a plateau and prices have since fallen. However, with the upcoming Ching Ming Festival, it is anticipated that downstream links will purchase at low prices to cover positions, and market circulation is expected to speed up. As a result, egg prices are projected to rise again next week, although the profitability of laying hen farming has remained relatively stable.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

According to the Price Monitoring Center of the National Development and Reform Commission, as of the week of March 22, the national egg-feed price ratio this week was 3.03, a month-on-month increase of 2.36%. Based on the current price and cost calculations, the future profit of laying hens will be 50.31 yuan per egg. At the beginning of the week, the demand improved slightly, driving up egg prices in production areas, and then the terminal’s ability to accept high-priced supply weakened, and egg prices stopped rising and then fell. The average price this week is higher than last week. As the Ching Ming Festival is approaching, ...

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