The market oversupply egg prices fell below 4 yuan/kg

The people who recently bought eggs at the Xicheng Farmer’s Market can clearly feel that the price of eggs has been falling. The retail price has risen to 6 yuan per catty, the latest retail price fell below 4.5 yuan per catty, and the wholesale price is only 3.9 yuan per catty. According to relevant sources, farmers have significantly increased in the second half of this year, and the supply of eggs is in excess of demand. It is expected that the retail price may fall below 4 yuan in the next year.

Xu boss of egg dealers introduced that starting from last week, the egg wholesale price dropped a few cents per catty, and now it is 3.9 yuan per catty. For this reason, the prices of eggs in many farmers' markets have continued to fall. The price of booths at 4.4 yuan and 4.3 yuan per catty has increased significantly.

As for the reasons for the drop in egg prices, Xu Boss believes that on the one hand, it is currently the off-season egg consumption. In addition, from the second half of the year, the number of chicken farmers has increased significantly, and the number of chicken eggs has increased. The source of the eggs has been more than 30% higher than the highest egg price. At present, the wholesale prices of major egg production areas such as Shandong and Northeast China have dropped to about 3.4 yuan per catty. He believes that the oversupply situation will continue next year, and the retail price per kilogram may fall below 4 yuan.