“The price of eggs has gone up again and it has gone to 5.1 bucks and a pound!†On July 21st, Ms. Zhang, who lived near Jinhu Road, bought vegetables at Nanjing Road Market and saw the latest egg prices. Surprised.
Ms. Wang, who sells eggs in the market, said that eggs had risen for a while before the Dragon Boat Festival, but it did not take long for them to fall back. At the end of June, the wholesale price of eggs was around RMB 7/kg. Starting in July, wholesale prices have risen all the way, but rose to 8 yuan/kg in a stable period of time. In the past two days, the price of eggs began to rise in the third wave.
This reporter learned that in the Central China vegetable wholesale market, the price of eggs on July 18 was 8.6 yuan/kg, which became 9.0 yuan/kg on July 20. On the 21st, the wholesale price of eggs quickly became 9.2 yuan/kg. "The wholesale price of eggs on the two days has changed every day, and retail prices have also risen. Today, each stall is basically sold for more than 5 yuan per catty," said a staff member.
However, as egg prices have risen, farmers, wholesalers and retailers have said that they have not benefited.
“I raised 7,000 layer chickens and the feed price has risen more than 20% this year. Although the egg price has been raised a bit, the daily revenue is not much more than last year,†said Mr. Han, who is a breeder of laying hens in Jiaozhou. The vegetable wholesale market staff of Huazhong told reporters that the wholesale price of eggs in the vegetable wholesale market is generally based on the purchase price plus a lot of money. The time when the eggs are cheap is basically the same as when you are expensive, so the price of eggs rises. The impact is not great. Ms Wang, the street vendor, said that the profit she earned from selling a pound of eggs was no change from what she had before. Due to the decline in sales, the money earned in the day was not as good as it was in previous years.
"The summer hen production rate is less than 80% of the spring, the continued high temperature in the past two days, the chicken production has not risen, coupled with feed prices, egg prices are still facing upward pressure." Huazhong Vegetable Wholesale Market Manager Shaw Say.
Manager Xiao predicted that by the end of September, egg production will increase, and the relationship between supply and demand for eggs will change, and the price of eggs may fall.
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