Today's egg futures contracts stabilized and rebounded. The main contract 1405 opened 4091, the highest 4125, the lowest 4091, and finally closed at 4107, up 8 or 0.2%. The volume of transactions was 56850 hands, the position was 58862 hands, a decrease of 1670 hands, the 1409 contract closed up 15 , Closed at 4393. The spot price of eggs continued to rise slightly, and futures prices stabilized after a sharp correction. In the short term, under the background of rising spot prices, there is limited room for futures prices to fall.
Today, the spot price of eggs continues to rise, but the rate of increase is limited. The average price of eggs in the main production areas of the country is 3.97 yuan per catty, the price of Dalian in Liaoning is 3.66 yuan per catty, the price of Shandong Dezhou is 4 yuan per catty, the price of Henan Shangqiu is 4 yuan per catty, an increase of 0.01 Yuan/jin, Hubei Xiaogan 3.85 yuan/jin, Jiangsu Nantong 4.06 yuan/jin, Hebei Handan 4.23 yuan/jin, up 0.02 yuan/jin, the main selling area egg price 4.17 yuan/jin, Shanghai 4.2 yuan/jin, Guangdong 4.3 Yuan/jin, Beijing 4 Yuan/jin. The southern region was hit by heavy rain, and egg transportation and sales were hindered. The egg price maintained a slight increase. The northern region reproduced smog and the egg transportation was blocked. In the near future, cold air will be attacked again in the later period. It is expected that the price of eggs will be in a rising cycle in the near future.
Today, the spot price of eggs continued to rise, but the rate of increase narrowed, and the 1405 contract continued to stabilize after falling. The spot price of eggs entered the pre-holiday cycle. There are still short sales in the market outlook, but this year, there is sufficient egg supply, and the increase is limited. It is difficult to exceed the historical high level, and it is difficult for futures prices to continue to deviate from the direction of spot prices, so short-term futures prices may stabilize, and after the holiday effect of egg spot prices in the future passes, futures prices may still fall. Therefore, it is recommended to try short trading on rallies, and the bottom is expected to fall to the 3900 line. Farming companies will be very profitable in the futures market next year. They can adopt a strategy of selling hedging to lock in farming profits in advance.