The National Development and Reform Commission in China: The price ratio of eggs and feed in the third week of February 2023 is 2.63, which is the same as the previous month

Published 2023년 2월 21일

Tridge summary

The price ratio for egg-feed across China remained stable at 2.63 for the month of February, indicating consistent future profitability for laying hens at 22.64 yuan per egg. Despite an initial rise in egg prices, which fell back due to increased supply and slow market digestion, the overall price for the week was slightly lower than the previous one. The market anticipates that egg prices will continue to fluctuate around current low levels next week, reflecting steady profitability for layer hen farmers and a market with flat demand and a relatively ample egg supply.
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 February 15, the national egg-feed price ratio this week was 2.63, which was the same as the previous month. Based on current prices and costs, the future profit of laying hens will be 22.64 yuan per egg. Egg prices rose first and then fell this week, and the average weekly price was slightly lower than last week. In the first half of the week, as egg prices fell to a staged low, dealers carried out more low-level replenishment operations, and demand increased, driving egg prices up; Half a week, with the end of the phased replenishment, the demand decreased, coupled with the slow digestion of the terminal market, the ...

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