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Comment by araes

2 days ago

Perhaps that's why Chinese chicken eggs cost:

3,062 CNY/T -> $422/tonne -> $0.287/dozen @ 24 oz / dozen large eggs [1]

while US eggs are still nonsensically priced at $8.03 / dozen. [2] Like worldwide logistics doesn't even exist. Seems like a market discrepancy when there's several 100 to 1000 cargo ships transiting the Pacific currently that might be loaded with 3,062 CNY/T ($0.29/dozen) eggs.

[1] https://tradingeconomics.com/commodity/eggs-ch

[2] https://tradingeconomics.com/commodity/eggs-us

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