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Egg prices continue to rebound
2020-01-20

On January 20, most domestic commodity futures rose. Fuel oil, eggs, manganese silicon and Shanghai lead futures rose the most. Among them, the main egg contract continued to rebound after hitting a low of 3373 yuan. The highest intraday price reached 3603 yuan.




As of the 17th, the average price of eggs in the main production area was 3.67 yuan / jin, a cumulative decline of 0.13 yuan / jin; the average price of the main sales area was 3.77 yuan / jin, a cumulative increase of 0.15 yuan / jin. The average price of Taobao chicken in the main producing areas was 4.05 yuan / jin, down 1.82% month-on-month. This week, the futures price has been lightened up. Based on the closing price, the January contract fell by 37 yuan, the May contract rose by 121 yuan, and the September contract rose by 131 yuan. The contract in recent months corresponds to the off-season consumption season, or it has weakened following the trend of the spot market; the fundamentals of the main contract have become empty.

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