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China - The price of eggs has risen 171% since January 1, 2021 - reported October 6, 2021

sharon sanders

Editor-in-Chief & President
The price of eggs has broken 6 yuan, which is a bit "holy"! Why did the price of eggs soar?


2021-10-06 10:17:17

Starting from New Year's Day, the price of eggs has risen all the way. Starting from 3.5 yuan, gradually breaking through the 4 yuan mark, the current wholesale price of eggs has exceeded 5 yuan, and the egg price in the market has exceeded 6 yuan.

According to data from the Ministry of Agriculture, the average wholesale price of eggs rose from 8.45 yuan/kg on December 31, 2020 to 10.56 yuan/kg on January 19, 2021, an increase of 24.97%. According to data from Zhuo Chuang Information, the average purchase price of eggs in the main producing areas increased from 8.06 yuan/kg to 10.34 yuan/kg during the same period, an increase of 28.29%.

For a time, "egg" became an internet celebrity, and there were also "cannot eat" ridicules on the Internet. Many people are curious: Why did the price of eggs soar?
In fact, price fluctuations are a normal market phenomenon. In economics, it is the relationship between supply and demand that directly affects commodity prices. From the supply side, the cold wave hits after New Year's Day. Under low temperature conditions, especially when the light intensity decreases, the production of eggs has decreased, and the number of eggs on the market is not too much, thus driving up the price. The successive increase in feed and corn prices is also the main reason for the increase in egg prices. Take corn as an example. At the beginning of 2020, the price was around 1,900 yuan per ton, but now it has risen to 3,000 yuan per ton, and the price continues to rise sharply by around 50 cents. From the demand side, after the New Year’s Day, pork has risen from 25 yuan to 30 yuan per catty, and people’s consumption pressure continues to increase. At the same time as the price of meat rises, eggs have become a substitute, and there is more demand... …All kinds of objective factors are superimposed, and the price of eggs will naturally rise. Such price fluctuations are due to market laws, and the public need not be nervous when they hear "rising".
From the "vegetable basket" to the "rice bag" to the "fruit plate", these are the needs of the people's livelihood that are closely related to the lives of the people. According to reports, the price of soybean oil has risen by 50% since the beginning of this year. Originally, a large barrel of soybean oil was 120 yuan, but now it has reached 175 yuan per barrel. The price of rice noodles is also rising, with an increase of 5-10 yuan per bag. The price of meat products is also rising, with mutton exceeding 50 yuan per catty, and green onions rising to 7-8 yuan per catty. The people's livelihood is no small matter, and the price of "firewood, rice, oil and salt" has risen, which means that the cost of living has increased.
From another perspective, the price of eggs has been rising all the way, but the profits of some farmers have not increased too much. How to mobilize the enthusiasm of protecting farmers and ensure a stable supply of agricultural and sideline products are also issues worthy of discussion. From this point of view, "the egg rises and the egg falls" is not only an economic topic, but also a livelihood examination question.
Price fluctuations often affect the whole body. Not intervening and believing in the power of the market does not mean doing nothing. On the one hand, the guarantee mechanism must keep up to ensure that the basic living standards of the people in difficulty are not reduced due to rising prices. On the other hand, it cooperates with the corresponding insurance mechanism to "cover the bottom" for farmers. Using "visible hands" to stabilize the market and prevent risks is also a new test for government regulation under the new situation. (Reported by Dazhong Daily client reporter Sun Xiuling)



zhttps://www.163.com/dy/article/GLKAKDDM0548O1YE.html
 
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