sharon sanders
Editor-in-Chief & President
Xinfadi Market is one of the largest, if not the largest, wholesale market in Beijing providing products to other markets. link
snip
On September 3, the average wholesale price of eggs in Xinfadi Market was 10.34 yuan/kg, up 4.55% from 9.89 yuan/kg in the same period last week (August 27); compared with the same period last month (August 3) 10.20 yuan/kg increased by 1.37%; compared with 7.43 yuan/kg in the same period last year, an increase of 39.17%. The week-on-month increase was noticeable; the month-on-month increase was slightly higher; and the year-on-year increase was substantial. Last weekend, the year-on-year increase was 22.46%, and the year-on-year increase was significantly enlarged last weekend.
At present, the supply of eggs in the market is shifting from tightness to easing. The factor that “the situation of egg prices entering the seasonal fall period has been formed” as mentioned earlier still exists, and egg prices actually do not have the ability to rebound, but “this Kind of downward, mainly downward in volatility." The origin of the egg price rebound last week cannot be sustained either. This rebound is only a fluctuation after the egg price enters the downward channel.
According to the merchants in Xinfadi Market, the sales of eggs have been relatively stable recently, and they are still in a tepid state. When egg prices fell, sales did not increase; when egg prices rose, sales did not decrease. Demand is relatively stable, and supply capacity is gradually increasing.
https://www.163.com/dy/article/GJ86J8EG0519D0G5.html
snip
On September 3, the average wholesale price of eggs in Xinfadi Market was 10.34 yuan/kg, up 4.55% from 9.89 yuan/kg in the same period last week (August 27); compared with the same period last month (August 3) 10.20 yuan/kg increased by 1.37%; compared with 7.43 yuan/kg in the same period last year, an increase of 39.17%. The week-on-month increase was noticeable; the month-on-month increase was slightly higher; and the year-on-year increase was substantial. Last weekend, the year-on-year increase was 22.46%, and the year-on-year increase was significantly enlarged last weekend.
At present, the supply of eggs in the market is shifting from tightness to easing. The factor that “the situation of egg prices entering the seasonal fall period has been formed” as mentioned earlier still exists, and egg prices actually do not have the ability to rebound, but “this Kind of downward, mainly downward in volatility." The origin of the egg price rebound last week cannot be sustained either. This rebound is only a fluctuation after the egg price enters the downward channel.
According to the merchants in Xinfadi Market, the sales of eggs have been relatively stable recently, and they are still in a tepid state. When egg prices fell, sales did not increase; when egg prices rose, sales did not decrease. Demand is relatively stable, and supply capacity is gradually increasing.
https://www.163.com/dy/article/GJ86J8EG0519D0G5.html