The significant increase in the supply of eggs in the second quarter seems to have dropped a bombshell on the market. In the face of such a situation, it is difficult for egg prices to reverse the downturn, which makes people ask: what happened to this market?
Judging from the data, the number of laying hens has increased month-on-month, and the supply appears to be quite abundant. However, in the context of the month-on-month decline in sales volume, such supply has undoubtedly exacerbated the contradiction between supply and demand in the market. Traders and downstream companies remained cautious in their purchasing intentions, and inventories remained at high levels over the same period, creating a sense of pessimism in the market.
This is undoubtedly a huge challenge for investors. In such a market environment, how to grasp the opportunity and reduce the risk has become a difficult problem in front of us. In my opinion, it may be a good choice to pay attention to the situation of Taoji. The number of chickens will directly affect the balance of supply and demand in the market, which will have an important impact on the price of eggs.
In the futures market, the 2406 contract fell below the 3000 mark, showing a cautious attitude of the market, while the 2409 contract fluctuated around 3800, showing strong lower support. Investors can formulate a more reasonable investment strategy based on these signals and market conditions.
Factors such as avian influenza and larger-than-expected consumption may have a significant impact on the egg market. Therefore, while paying attention to the situation of Taoji, investors also need to pay attention to the market dynamics at all times, so as to adjust their investment strategies in a timely manner.
