Beijing record high egg prices are the future of egg prices may rise

26 days, from Beijing --- Beijing's largest wholesale market of agricultural products to emerging markets news came the same day the market price of eggs reached a new high this year. Currently, egg prices nationwide in the fast-rising, the industry is expected in the next period of time is expected to continue this rally.

issued in accordance with Beijing's new data available in the market, since mid-July, the market price of the eggs began to move up, August 5 had reached 155 yuan / case to 162 yuan / box of the high value then at this price fluctuations. After entering the end of the price of eggs rose by another, 24, rose to 155.5 yuan / box, 25, rose to 160 yuan / box, but at today's prices even reached 170 yuan / box to new heights.

egg prices is not just appearance in Beijing. According to the Ministry of Agriculture 470 fairs across the country and poultry products and feed prices sentinel surveillance, in August the first 2 weeks (collection day is August 12), egg prices rose. The national average price of 7.83 yuan eggs / kg, compared with last week rose 2.5%. As of this week, egg prices rose five weeks straight, the cumulative rise 6.2%.

why the recent rapid rise in egg prices? Rural Development Institute Chinese Academy of Social Sciences researcher Li Guoxiang that the rise attributed to three factors: First, feed prices; second, pre-price is too low, the current round of belonging to restore sex rose; 3 is subject to seasonal effects.

As for the future trend of prices of eggs, Beijing, PBL and News Limited agriculture and animal husbandry techniques that next week the last week of school for students, the demand increased, egg provider should start stocking. Said while the Central Meteorological Observatory forecast released next week, there will be a precipitation process, the weather should be cooler, egg quality assurance, so egg prices should be rising. Egg prices are expected next week, bullish, or 0.05 yuan / kg to 0.1 yuan / jin.

Guo-Xiang Li is expected, egg price is due to disasters and other causes of seasonal rise will not last too long. However, due to its rising prices of recovery, it may persist for some time, but prices will not be big.

the price of pork consecutive 9-week recovery experts predict that in the fourth quarter rose more obvious

According to the Ministry of Agriculture 470 fairs across the country and poultry products and animal feed Price sentinel surveillance, as of August the first 2 weeks (collection day is August 12), pork prices have been picked up 9 consecutive weeks, the cumulative gains of 15.8%. But according to experts predict that in the fourth quarter, the price of pork may be there will be an even more crazy increases.

According to the Ministry of Agriculture 470 fairs across the country and poultry products and feed prices of sentinel surveillance, in August the first 2 weeks, the national average price of 17.79 yuan pork / kg, compared with last week rose 3.3%. In August 2nd week, from the average price of 11.31 yuan / kg, 3.9% higher than last week, continuous 10-week recovery, the cumulative gains of 23.1%; piglets average price of 17.55 yuan / kg, 3.9% higher than last week, for 9 consecutive weeks recovery, the cumulative gains 17.4%.

Chinese Academy of Social Sciences Research Center, director of animal husbandry economy Liu Man that the recent round of price increases are relatively normal phenomenon, because of his previous price is too low for farmers. Even if the current price of pork has been a continuous rise, but with the same period last year, still down 23.5%; with the highest price this year, compared also fell 17.1%.

Mr Lau Man said the change in the price of pork is a market adjustment process, is not it say whether it will continue to rise. However, according to general laws, such a rise will continue for some time, until it reaches a new equilibrium point.

from the farmers on hand structure, the future price of pork will also continue rise. According to experts, the current across the country to fan the proportion of sow herds is still generally more than 10% of them live pig breeding province, such as the Hunan Province, nearly 11% of this data, while the more appropriate ratio should be 7% to 9%. In addition, the proportion of pigs and big pigs, under normal circumstances should not exceed 30%, but in Hunan Province was 32% to 33%. The above two data is high, that the amount of slaughter pigs in the third quarter there will still be relatively large increase. Therefore, the end of this year, early next year should be significantly higher meat prices.

Chinese Academy of Agricultural Economics, Wang Chi-ming, director of animal husbandry and then told reporters that the seasonal consumption patterns from the analysis, three quarter of pork consumption will enter the season, therefore, is expected in the third quarter price of meat will low up to the fourth quarter may appear a clear upward trend.

vigilance of meat, eggs, inflation-induced price increases

by the pork, egg prices have been rising continuously driven, livestock product prices recently suffered from rising. This in turn led to higher feed prices, thus driving up food prices as a whole. And then catch up with the current drought in the north is more serious and may affect the food and vegetable prices, a new round of prices of agricultural products seems to have come. Because China's two recent rapid price increases caused by rising prices of agricultural products, crazy prices of pork, eggs, is likely to be the next round of inflation, a major incentive.

statistics show that in July CPI fell 1.8% from a year earlier, a decline of 1.7% more than in June, six consecutive monthly decline. However, CITIC Securities chief economist Zhu Jian-fang, said: "Food prices in the CPI in the proportion of about 1 / 3, but because of food prices and volatile price changes on the contribution of CPI in the past six years, up to 80% more. ... ... an increase in food prices have returned to cycle in the second half of this year, both the price level or inflation will rise into the channel, in July was the turning point of the current round of inflation and deflation turned, CPI turned positive in the fourth quarter of this year. "" / P>

macroeconomic analyst with Bank of Communications Research Department, said Tang Jianwei, in the near future pork, eggs, etc. The main reason prices fell too fast in the early prices, and the government prior to the price of purchasing and storage of agricultural policies have led to improvement in market supply and demand , causing a new round of price increases. As the first half of this year, pork prices fell, led many farmers to withdraw, which easily lead to a new round of next year's pork supply shortage, which appears the trend of the rapid rise in pork prices, which may be one of next year, higher commodity prices factor. However, because of pork, eggs, the recent price increases are compensatory growth, and gains compared with last year is not large, so the overall price in the short term will not have much impact, leading to inflation may be more are negligible.

senior macroeconomic analyst at Orient Securities Kao believes that it is difficult to expect this round of price increases will go to what an extent, but only from the current situation, meat, eggs, food prices rise space is relatively limited, resulting in inflation is unlikely, but should also be concerned about. He suggested that the Government has taken some administrative measures, such as increased subsidies for farmers, uniform pricing of grain, open grain, etc. to prevent excessive price rises on the possible impact of the people are living.

But some people who totally negative attitude. Dong, chief macroeconomic analyst at Industrial Securities First On that date, the overall price level is stable, and individual products as inventory, cycle, seasonal price fluctuation problems will occur, but does not affect the overall price level. "At least so far, the supply of pork is quite adequate reserves, so the data from the current point of view, will not give a particularly strong price signal." He said.