Data collected by Sina Finance's "Wine Price Insider" over the past 24 hours shows that the total retail price of major Chinese baijiu single products in the terminal market experienced a slight correction again on July 29. If one bottle of each major product were bundled and sold together, the total price today would be 9,886 yuan, down 12 yuan from yesterday. After a brief rebound yesterday, the market has weakened again, hitting a five-day low, but still 81 yuan higher than the stage low set on July 18.
Looking at the overall market, terminal trading sentiment in the baijiu market cooled down compared to the previous day, with sellers regaining the upper hand, disrupting the low-level recovery pace. Among the 11 major baijiu products today, three rose, six fell, and two remained flat, with losers clearly dominating. On the upside, Feitian Moutai, Jingpin Moutai, and Qinghua Lang all rose by 2 yuan per bottle. Among them, Feitian Moutai's national average retail price ended a seven-day consecutive decline, stabilizing and rebounding from the high range after the July 18 price hike. Jingpin Moutai rebounded slightly after yesterday's decline. Qinghua Lang rose for the second consecutive day, setting a new one-month high record.
On the downside, Wuliangye Puwu Eight Generation led the decline, falling by 7 yuan per bottle, continuing its recent wide-range volatility pattern at lows. Qinghua Fen 20 and Gujing Gong Gu 20 both fell by 3 yuan per bottle. The former tied the one-month low price record, while the latter saw repeated price fluctuations, with short-term rebounds repeatedly suppressed. Wuliangye 1618 and Xijiu Junpin both fell by 2 yuan per bottle. The former declined for two consecutive days, while the latter ended yesterday's rebound but remains in the one-month high range. Guojiao 1573 fell by a slight 1 yuan per bottle, with its one-month price center clearly shifting downward. Yanghe Dream Blue M6+ and Shuijingjian Nanchun prices remained unchanged from yesterday, with the former maintaining 600 yuan per bottle for two consecutive days and the latter staying at 402 yuan per bottle for two consecutive days.
The "Wine Price Insider" daily data is sourced from approximately 200 collection points distributed reasonably across major regions nationwide, including but not limited to designated distributors of baijiu companies, social distributors, e-commerce platforms, and retail outlets. The raw sampling data consists of the actual terminal retail prices from transactions conducted at each point over the past 24 hours, aiming to provide an objective, scientific, and fully traceable dataset on the market prices of major baijiu single products.
In other important baijiu industry news, the latest data shows that in the first half of this year, the total profit of the wine, beverages, and refined tea manufacturing industry fell significantly by 17.7% year-on-year. Data released by the National Bureau of Statistics on Monday showed that from January to June this year, industrial enterprises above the designated size nationwide achieved operating revenue of 692,614.2 billion yuan, a year-on-year increase of 6.5%, and total profit of 3,947.99 billion yuan, a year-on-year increase of 18.7%. Among them, the wine, beverages, and refined tea manufacturing industry achieved operating revenue of 695.49 billion yuan, a significant year-on-year decrease of 7.0%, and total profit of 111.33 billion yuan, a significant year-on-year decrease of 17.7%. Against the backdrop of growth in both revenue and profit for industrial enterprises above the designated size nationwide, the wine, beverages, and tea manufacturing industry saw declines in both indicators, with the profit decline significantly outpacing the revenue decline, indicating that the industry's profitability is still under some pressure.
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