Loading…
China’s egg futures rose 2.94% on November 11, while spot prices fell to average 4.19 yuan per jin in producing areas and 4.40 yuan in consuming areas; basis weakened in many markets. Analysts cited stronger farmer reluctance to sell and recently improved spot-market expectations, but subdued consumer restocking and ample future layer supply are expected to keep the December contract rangebound to weak, with a cautious bullish view from Guangzhou Futures.
Reduced selling may tighten near-term egg availability and support nearby prices, but weak demand and gradually increasing layer supply cap deferred prices. The outlook implies little immediate change in feed demand, though persistently weak egg returns could eventually pressure poultry producers’ feed purchases.
goodsfu.10jqka.com.cnNov 11, 2026Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
