In the construction of early warning model for egg prices volatility, the factors such as egg production period, seasonal characteristics and inflation should be considered. Based on volatility characteristics of Chinese egg prices, black early warning model should be used to construct its early warning system, in the early warning system, egg prices volatility rate should be selected as warning index and commodity price principles should be used to divide warning limitations, according to ARIMA model, prediction results of egg prices are used to give warning forecast. The results of early warning system show that the Chinese egg prices fluctuation will be serious during 2011, that the situation is relatively severe and that consumers, businessmen and related departments are needed to pay attention to it so that effective measures can be taken to avoid the risk and to stabilize egg market.