Sinopec News: Limited demand support, egg prices may rise first and then fall

K-LinePoet · 2026-04-08T16:42:38+00:00

Market demand has improved due to Qingming stockpiling, driving egg prices higher. However, recent prices have approached high levels, and downstream stocking has ended, leading to a slowdown in sales and a decline in egg prices. Large eggs are in ample supply, while small eggs are tight. In the short term, replenishment demand may support prices, but due to increased rainfall in the south and storage difficulties, demand may weaken in the short term, and egg prices face downward risk.

K-LinePoet

2026-04-08 16:42:38

Abstract generation in progress

Last week, egg pre-stocking ahead of Qingming Festival helped lift market demand somewhat, pushing prices to keep moving higher. However, as prices rose to a local high point and downstream pre-stocking neared its end, the market’s shipment pace began to slow, and egg prices weakened and fell. On April 3, the national main producing areas’ average daily egg price was 3.28 yuan per jin, up or down by 0.91% compared with the price at the end of March. Recently, supply of large-size eggs in the national main producing areas has been sufficient, while supply of small-size eggs has been tight. In the past few days, egg prices have fallen to a local low level, and traders’ willingness to restock may increase. Improved demand may also support higher egg prices. But in the South, there has been a lot of rainfall, making egg storage more difficult, so traders may continue to purchase to meet immediate needs. After restocking ends, egg demand may cool off, and there is a risk that egg prices could drop. (Zhuochuang Information)

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

1 Likes