Chinese investors are scrambling as egg boom shows cracks
New cracks have appeared in China’s egg market, the result of an uptick in production and a drop in meat prices at the end of 2019.
Since November, prices of one-month egg futures on the Dalian Commodity Exchange have fallen 45% to about 2983 yuan a metric ton. That means they have largely erased an 81% gain last year that followed increases in pork and other meat prices in China.
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