Data collected over the past 24 hours for the Liquor Price Index shows that the average terminal retail price for major Chinese white spirit products continued to decline from low levels on June 28. If one bottle of each major product were packaged and sold together, the total price today would be 9,854 yuan, a significant drop of 17 yuan from yesterday. This ends yesterday's minor rebound and marks the lowest level since April 17 of this year. Today, only Guojiao 1573 and Yanghe Dream Blue M6+ saw price increases, while all other varieties either fell or remained flat. Four individual products are at their lowest price point in nearly a month, further deepening the pattern of low-level volatility and indicating a renewed cooling of terminal trading sentiment.
Of the 11 major white spirit products tracked today, two rose, seven fell, and two were flat, with declining products holding a clear majority. On the upside, Guojiao 1573 led the gains, rising 5 yuan per bottle and fully recovering yesterday's losses. Yanghe Dream Blue M6+ saw a modest increase of 1 yuan per bottle. On the downside, Premium Moutai and Wuliangye 1618 led the declines, both falling 5 yuan per bottle. The former broke below the 2,400 yuan mark, matching its largest single-day drop in nearly a month and hitting a near one-month low, while the latter also continued to set a new near one-month low. Gujing Gong Jiu Gu20 fell by 4 yuan per bottle. Qinghualang decreased by 3 yuan per bottle. Feitian Moutai, Wuliangye Pu Wu Eighth Generation, and Crystal Jiannanchun each declined by 2 yuan per bottle. Among these, Wuliangye Pu Wu Eighth Generation barely held above the 800 yuan threshold, and Crystal Jiannanchun continued to set a new near one-month low. The prices for Qinghua Fen 20 and Xijiu Junpin remained unchanged from the previous day.
The daily data for the Liquor Price Index is sourced from approximately 200 collection points reasonably distributed across major regions of the country. These points include, but are not limited to, spirit manufacturers' authorized distributors, independent distributors, e-commerce platforms, and retail outlets. The raw sample data consists of actual, transacted terminal retail prices handled by each point over the past 24 hours, aiming to provide objective, scientific, and fully traceable data on the market prices of well-known white spirits for all stakeholders.
In other significant news for the white spirits industry, Wuliangye Yibin Co.,Ltd. held its 2025 annual shareholders' meeting this Friday in Yibin, Sichuan. The company's new leader, Deng Min, stated at the meeting that facing a new journey, he would dedicate himself fully to the high-quality development of Wuliangye Yibin Co.,Ltd. with firm political conviction, an active zero-based mindset, and a pragmatic work style. Discussing the industry and company's prospects, Deng Min pointed out that the white spirits industry is still in a phase of deep adjustment, but the structural strategic opportunities facing Wuliangye Yibin Co.,Ltd. have always been greater than the challenges. Deng Min believes the fundamental logic and value attributes of white spirit consumption have not changed. Industry adjustments are cyclical and structural, and they also present an opportunity to optimize the industry landscape and catalyze innovation and transformation. Simultaneously, the foundation for Wuliangye Yibin Co.,Ltd.'s long-term value growth remains unchanged. The company's brand culture, brewing quality, market channels, and investment return foundations are solid, with strong overall operational resilience, possessing the advantages and capabilities to navigate through cycles earlier and faster.
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