Rose more than 20% in half a month, and "rocket egg" is going to make a comeback?

2021-10-29

Before the end of the "more than ten yuan for a handful of vegetables", the price of eggs has risen. This is the off-season of demand, why do eggs also start the rising mode? Is "rocket egg" going to make a comeback? Egg prices rose by more than 20% in half a month On October 28, at a vegetable market in Xicheng District, Beijing, the reporter of chinanews.com noticed that the price of fresh eggs was 6.3 yuan per kilogram, and there were still traces of modification on the price tag. Eggs sold at a vegetable market in Xicheng District, Beijing. Photographed by China News Network reporter Xie Yiguan "The price of eggs rose a lot two days ago, but it didn't rise today." the vendor said, "the import price of eggs has been high recently." In another supermarket in Xicheng District, bulk eggs are priced at 5.98 yuan a catty. "A week ago, the price seemed to be 5.38 yuan a catty, up 60 cents in a short time," said a resident. Eggs sold in a supermarket in Xicheng District, Beijing. Photographed by China News Network reporter Xie Yiguan When did the rise in egg prices begin? "At the beginning of this month, the egg price continued to fall in September, falling to 4.06 yuan / kg at the lowest, and some low-cost areas even fell below the 4 yuan mark. However, since October 10, the egg price has started to rise." Zhuo Chuang information analyst Liu Mei told reporters that as of October 26, the average price of eggs in the main producing areas in China had risen to 5.13 yuan / kg, higher than the high before the Mid Autumn Festival, In only half a month, the increase reached 26.35%. In addition, according to the monitoring of the "national agricultural products wholesale market price information system" of the Ministry of agriculture and rural areas, from October 15 to 22, the price of eggs was 9.74 yuan / kg, up 1.8% month on month and 22.0% year-on-year. This means that the price of eggs is more than 20% higher than that in the same period last year. Why does the price of eggs rise rapidly? "From the supply side, the stock of laying hens has always been at a low level this year, and it fell to a new low in September. The limited supply of eggs, coupled with the poor supplement of chicken seedlings in June, the number of new laying hens in October decreased, further aggravating the tight supply situation," Liu Mei pointed out. Data figure: feeding chickens. Photo by Lin Xin According to the monitoring data of Zhuo Chuang information, the number of laying hens in China in September was about 1.164 billion, a month on month decrease of 0.98% and a year-on-year decrease of 8.59%, the lowest level in recent five years. "In addition, since October is the traditional off-season for egg sales, and egg prices continue to fall in September, in order to avoid risks, all links focus on maintaining low inventory." Liu Mei said that after the rise of egg prices, affected by the mood of "buying up but not buying down", the enthusiasm of downstream procurement has increased rapidly, the amount of procurement into the market has increased, the supply of goods in the production area is tight, and there is a phenomenon of looting in many places, Push up the price of eggs. On the demand side, in Liu Mei's view, affected by the continuous rainfall and rapid cooling in the early stage, the vegetable output in the North decreased, resulting in a significant rise in vegetable prices, which is an important factor driving egg consumption and stimulating the rise of egg prices this month. Pork prices also rebounded at low prices, but the current price is still not high, which has a limited boost to egg prices. In the above-mentioned supermarkets, the reporter also noticed that the price of vegetables remained high. The price tag showed that "water spinach is 11.98 yuan a kilogram, oil wheat vegetables is 9.98 yuan a kilogram, and shallots and lentils are 8.98 yuan a kilogram." Vegetable area of a supermarket in Xicheng District, Beijing. Photographed by China News Network reporter Xie Yiguan Egg prices may still rise in the short term Now the retail price of eggs has exceeded 6 yuan per kilogram. Will the price of eggs continue to rise in the later stage? When will it fall back? "At present, the price of eggs has risen to a phased high, and downstream dealers tend to be cautious about purchasing at high prices, and eggs in many places have stopped rising and stabilized." Liu Mei said, but at present, the inventory in all links is still low, and the price of relevant substitutes has not yet declined. The demand for eggs is still strong, and the price of eggs may not fall easily in the short term, so it is not ruled out that there is still an upward trend. It is worth mentioning that at the end of October 2019, egg prices rose to a high level, but fell rapidly in November. Is this still the case this year? "The stock of laying hens this year is significantly lower than that in the same period in 2019, and the high feed price forms a bottom support for the price of eggs. Later, with the listing of vegetables, the price of vegetables may fall, and the price of eggs may also fall, but the decline range may be limited." Have you bought eggs recently? How about the price? (Xinhua News Agency)

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