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Be Cautious When Chasing Shorts in Egg Futures, Pay Attention to Risk Control
The egg futures 1501 contract has recently been weakening and declining. We believe the current tight egg supply pattern has not been fundamentally improved. The start of Mid-Autumn Festival stockpiling by supermarkets and the reopening of schools and universities nationwide still provide some boost to egg demand. Investors' earlier expectations of a decline in eggs after the Mid-Autumn Festival may be too strong.