Shouchuang Futures: Qingming stockpiling boosts, egg prices remain stable with a slight upward trend

K-LinePoet · 2026-03-28T00:43:10+00:00

Today, the JD2605 egg contract rose by over 3%, reaching a high of 3530 yuan/ton. Currently, nationwide laying hen stock is high, and supply is ample. Despite losses on the farming side, Qingming festival stocking has begun to boost demand, leading to a short-term stabilization and rebound in egg prices. Overall, the outlook is expected to be volatile with a slight upward bias, with attention to short-selling opportunities after resistance at high levels.

K-LinePoet

2026-03-28 00:43:10

Abstract generation in progress

Today, the JD2605 contract for eggs reached a maximum of 3530 yuan/ton during intraday trading, an increase of over 3%.
On the supply side, as of February, the national laying hen stock reached 1.296 billion, an increase of 0.08 billion compared to the previous month, with the stock level at a historical high for the same period.
Since February, the breeding sector has been in a continuous state of loss; however, due to the relatively low stock of old hens and high culling prices, farmers are less willing to actively cull and reduce production capacity, resulting in a generally ample supply of eggs in the short term.
On the demand side, the pre-Qingming Festival stocking is gradually starting, with a noticeable boost in seasonal consumption, which supports egg prices and drives spot and futures prices to stabilize and rebound.
Overall, the pre-Qingming stocking will continue in the short term, with some seasonal support on the demand side; however, the high stock pattern remains unchanged, and with the rise in temperatures leading to higher egg production rates, supply pressure is still significant.
It is expected that egg prices will mainly operate with fluctuations leaning towards strength, with limited upward space, and traders can wait for short-selling opportunities after the pressure builds at high levels.
(Founder Futures)

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