BEIJING, April 16 /PRNewswire-Asia/ -- Himfr.com, one of China's leading B2B search platforms with more than 30 B2B industry websites to its name, reports that egg sales are in a sluggish situation.
April is the egg sales peak season, because of the impact of May Day. Many businesses will strengthen their stock about 20 days prior to prepare before the holiday. When the market demand for eggs increases, the price naturally goes up. Almost every year in April, egg prices reach a peak. This year, Tomb-sweeping Day is over and the price of eggs rose by only a small amount. May Day is approaching and the price of eggs has still not seen a rise.
Himfr analysis:
First, feed prices rose, increasing the cost of breeding. The breeding surplus is smaller.
According to statistics, the first quarter of 2010 has prices expected to remain at a high level, which means in egg prices are not rising, and as material prices continued to rise there is an increase in the cost of farming. Farmers are making less profit.
Second, pork prices fell, affecting egg prices.
For consecutive months, pork prices have fallen. Consumers have increased their purchases of pork and reduced purchases of eggs, making it difficult to increase the price of eggs.
Third, farmers are reluctant sellers. Creating a backlog in unsold egg volume.
Because every year in April is the peak of egg consumption, many farmers are interested in stockpiling eggs, preparing for April's peak sales. This results in an excess supply during the peak season, making price increases difficult.
Himfr forecasts that, with the May 1 holiday approaching, the price of eggs will increase slightly.
About Himfr.com
Himfr.com is a promising e-commerce company and a leading vertical search engine company in China. Himfr.com offers a variety of high quality products such as magnetic mattresses (http://www.himfr.com/buy-magnetic_mattress/ ), shoei helmets (http://www.himfr.com/buy-shoei_helmets/ ), egg crates (http://www.himfr.com/buy-egg_crate/ ) and many more.
For more information, please contact: Himfr.com Tel: +86-10-6556-9770 Email: [email protected]
SOURCE Himfr.com
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