Himfr.com Analyzes Market Trends for Eggs

PR Newswire

posted: 43 DAYS 15 HOURS AGO

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BEIJING, Oct. 12 /PRNewswire-Asia/ -- Himfr.com, one of China's leading B2B search platforms with more than 30 B2B industry websites to its name, analyzes market trends for eggs.

Currently, the price of eggs is rising quickly nationwide; Himfr's analyst projects that egg prices will continue to rise in the next period of time.

In mid-July, the price of eggs in the market began to rise; by August the price of eggs had risen from 156 yuan / case to 163 yuan / case, and then floated around this price range. By late August, egg prices had hit new heights: 156.5 yuan / case by August 24, 160 yuan / case by August 25, and even 170 yuan / case recently, a new high point. As of this week, egg prices had risen for five weeks, for a cumulative increase of 5.8%. As high egg prices also affect sales on Himfr.com, sales volume is lower than before.

According to analysis, the reasons for the recent rise in egg prices are: first, increases in the price of feed; second, recovery from previously too-low prices. It is expected that as the cold weather arrives, the quality of eggs must be assured, so egg prices will rise slightly.

The analyst predicts that the high price of eggs is due to disasters and other seasonal reasons and will not last too long. However, increases due to rising prices due to recovery may persist for some time, but these increases will not be major.

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 solar string lights ( http://www.frbiz.com/q-solar_string_lights/ ), wire organizers ( http://www.frbiz.com/q-Wire_Organizer/ ), metallized film ( http://www.frbiz.com/q-metallized_film/ ) and many more.

For more information, please contact:

Himfr.com Tel: +86-10-6556-9770 Email: my@himfr.com

SOURCE Himfr.com

2009-10-12 10:00:00