Egg market: after the May Day holiday, domestic egg prices bucked the trend and strengthened, on May 9, the price of eggs in the production area rose to 3.61 yuan / catty, and the price of eggs in the sales area rose to 3.59 yuan / catty, compared with the price of 3.29 yuan in the production area at the beginning of this month, the price of eggs in the sales area was 3.27 yuan, and the egg price rose by 0.32 yuan / kg in the month, an increase of more than 10%!
After the festival, the price of eggs "wings" rose, and I personally believe that the reasons are as follows:
First, before the holiday, the downstream market is cautious, during the festival, by the increase in residents' travel and family consumption demand, food companies replenish the warehouse at low prices, domestic e-commerce demand increases, the pace of egg purchase and sales accelerates, traders receive goods stronger, and egg inventory in all aspects of production and marketing has been greatly reduced!
Second, after the holiday, the price of soybean meal rose significantly, the cost support became stronger, the breeding end of the price mentality heated up, and the egg contract quotation in recent months rose sharply, the downstream replenishment demand of the market surged, the return of students to school and the resumption of factory work supported the short-term increase in consumption, the pace of purchase and sales accelerated, and the egg price was strengthened!
However, after a short period of egg prices, the market further rose under pressure, at present, the production and marketing market, the price of the production area fell from about 3.6 yuan / catty, the price of the sales area fell back to about 3.55 yuan / catty, the egg price shock is weak, the market or will return to the downward trend!
On the one hand, after a short period of market replenishment, due to the increase in temperature in the north and south, the increase in precipitation, the risk of mildew in egg storage has increased, the cautious mentality of the downstream market has become stronger, the pace of purchase and sales has slowed down, and the consumption support has weakened, which has also inhibited the further rise in egg prices!
On the other hand, due to the high level of laying hens, the number of new laying hens this month exceeded the number of eliminated old chickens, the inventory of laying hens is at a high level, the supply pressure of small eggs has increased, and the inventory of all aspects of production and marketing has increased again!
Therefore, under the influence of many factors, egg prices will still fluctuate downward in the short term, and the market lacks obvious benefits!
Wheat market: Recently, Hubei Province in many places of new wheat harvested, Wudeli and local demand subjects listed to buy new wheat, from the market feedback, Wudeli new wheat listed price is generally 1.24 ~ 1.26 yuan / catty, some enterprises new wheat price is only 1.18 ~ 1.22 yuan / catty!
Affected by the price of new wheat scales, the price of old wheat accelerated and merged with Xinmai, Shandong, Hebei and Henan, the quotation of milling enterprises "dived" and fell, and the quotation of some enterprises in Shandong fell to 1.255 yuan / catty, and the quotation of mainstream enterprises fell to about 1.27 ~ 1.3 yuan / catty!
However, the space for Chen Mai to fall again is limited, in particular, the price of Wudeli Xinmai is about 1.26 yuan / catty, which also has a certain support for the price of Chen Mai! It is expected that the spot price of wheat may enter a weak and stable stage, the market will focus on Henan, Shandong and other places, after the wheat is concentrated on the market, the change of the new wheat opening scale price, if the price of new wheat falls again, it will inevitably drive the price of old wheat down, however, the new wheat will also be on the track, and the market will also pay attention to the old grain......
Oil price adjustment news: in terms of domestic gasoline and diesel, in accordance with relevant regulations, oil prices will be adjusted at 24 o'clock on May 15 (next Wednesday......
It is reported that in terms of domestic crude oil, on May 8 ~ 9, due to the end of the Palestinian-Israeli negotiations, Israel entered the Rafah region, the market's concerns about the escalation of geopolitical tensions in the Middle East became stronger, superimposed, the United States crude oil inventories fell sharply, and the United States non-agricultural data fell significantly, which boosted the market's expectations for the Federal Reserve to cut interest rates, and international oil prices rose against the trend!
However, in the overnight market, international oil prices fell sharply, among them, WTI crude oil fell by $1 to be quoted at $78.26 per barrel, and Brent crude oil fell by $1.09 to $82.79 per barrel.
It is understood that the support for international oil prices to rise and fall, mainly by the United States into the "stagflation" stage, economic data sluggish, inflation control is less than expected, the Federal Reserve interest rate cut is difficult to fulfill, some Fed officials believe that the Federal Reserve is not lacking in the risk of "raising interest rates" again, affected by this factor, the market's concerns about the prospect of crude oil consumption have become stronger, and international oil prices have risen and fallen!
Affected by the decline in international oil prices, at present, the current round of domestic oil price adjustment ended 7 working days, the domestic crude oil change rate is -4.55%, gasoline and diesel prices are estimated to fall by 230 yuan / ton, equivalent to 92/95 gasoline per liter or will be reduced by 0.17 ~ 0.21 yuan!
After all, the first two oil prices fell in the year, the decline was only 50 yuan / ton and 70 yuan / ton, the oil price fell or will be a certainty, at 24 o'clock on May 15, oil prices adjusted to land, many provinces and regions in China, 92 gasoline prices are expected to fall back to the "7 yuan era"......
Attached: No. 92 gasoline prices in various provinces and cities on May 12, 2024 (the current oil price is implemented at the level of the end of April, and the price adjustment is expected to fall at 24 o'clock on May 15, and the decline is expected to be 0.17-0.21 yuan / liter)!
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