Demand Increases Shenyang Egg Price into the 'Five Era'

On August 26, monitoring data from Shenyang Vegetable Basket Information Publishing Platform showed that with the Mid-Autumn Festival approaching, the price of eggs in Shenyang continued to rise, and this week the price of eggs has entered the "five yuan era". The average price of eggs in Shenyang this week was 10.58 yuan/kg, up 7.26% from last week. According to monitoring, since last week, the retail price of eggs in 13 markets in Shenyang has totally exceeded 5 yuan per catty, and the price of eggs in Shenyang has entered the "five yuan era".

It is known that the main reason for the rise in egg price is the tight market supply and increased demand, which belongs to the normal seasonal rise. Specifically, the laying hens have entered the dormant period since the fall of laying, resulting in a tight market supply; early rainfall affects the storage and transportation of eggs; into late August, colleges and universities have opened schools and increased centralized consumption; with the approaching of the Mid-Autumn Festival, the demand for eggs by various food production enterprises has increased, driving prices up. In addition, the recent rise in pork prices and the increased substitution of eggs have also contributed to the rise in egg prices to a certain extent.