After the Spring Festival, the stable price of eggs began to rise in late May. By around June 6th, the wholesale price of eggs had risen to 8.8 yuan/kg, and then continued to decline until it dropped to 7 yuan/kg on June 27th. As of now, one pound of eggs has risen by 0.4 yuan.
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& nbsp; The imbalance between supply and demand is the main reason for the price increase in this round. Since the beginning of this year, the egg market has continued to decline, and many breeders have begun to phase out laying hens, which has directly led to a shortage of egg supply in the market. Although egg prices have rebounded again since the second half of May and chicken farms have added new laying hens, the egg production is not high. In addition, the current hot weather has led to a decrease in egg production, resulting in a situation where demand exceeds supply in the market. Recently, although egg prices have fluctuated up and down, they are within the normal range of market fluctuations
Zhucheng Zhongyu Electromechanical Co., Ltd& nbsp; The imbalance between supply and demand is the main reason for the price increase in this round. Since the beginning of this year, the egg market has continued to decline, and many breeders have begun to phase out laying hens, which has directly led to a shortage of egg supply in the market. Although egg prices have rebounded again since the second half of May and chicken farms have added new laying hens, the egg production is not high. In addition, the current hot weather has led to a decrease in egg production, resulting in a situation where demand exceeds supply in the market. Recently, although egg prices have fluctuated up and down, they are within the normal range of market fluctuations
