According to market research, on February 8th, the retail prices of pork and eggs in 36 large and medium-sized cities nationwide were 29.8 yuan per catty and 5.3 yuan, respectively, which were 2% and 7.6% lower than the previous highs. In the next step, we will guide all localities to continue to closely monitor market supply and prices, and take timely measures to ensure supply and stabilize prices.
In the futures market, the price of egg futures fell first and then rose on the 9th. It is still controlled by long-term funds. Eggs fluctuate with other related commodity markets. At present, the spot trade of eggs has basically stagnated. Spot is currently in a seasonal downward trend, and the decline is expected to continue until the end of February. After the Spring Festival, the egg spot is expected to continue to fall. At present, we mainly focus on the low point after the Spring Festival and the elimination after the holiday.
Extended data:
The prices of pork and eggs have dropped.
According to the news on the 9th, the National Development and Reform Commission (NDRC) said that at present, the supply of grain, oil, meat, eggs and vegetables in various markets is sufficient, the consumer demand of residents has a solid material guarantee, and the prices of pork and eggs have declined.
With the release of 30,000 tons of frozen pork in the central reserve on that day, up to now, the National Development and Reform Commission and relevant departments have organized 9 batches of frozen pork in the central reserve, with a cumulative market volume of 240,000 tons. It is understood that at present, the supply of grain, oil, meat, eggs and vegetables in various markets is sufficient, the consumer demand of residents has been firmly guaranteed, and the prices of pork and eggs have declined.