Data collected over the past 24 hours by the "Wine Price Insider" column shows that the total retail prices of major baijiu products in China's market continued to fall on August 5. If one bottle of each major product were sold together as a package, the total price would be 9,847 yuan, down 29 yuan from the previous day, marking a two-day consecutive decline. This is 54 yuan lower than the recent peak on August 3, hitting the lowest level in 17 days.
Today, aside from Guojiao 1573 and Crystal Jiannanchun, which saw slight gains, all other products fell or remained flat. Market sentiment weakened further as sellers gained the upper hand, disrupting the ongoing market correction. Among the 11 major baijiu products, two rose, seven fell, and two remained flat, with losers dominating.
On the positive side, Guojiao 1573 and Crystal Jiannanchun each rose by 1 yuan per bottle. The former has seen repeated price fluctuations recently, maintaining a low-level oscillation pattern, while the latter slightly recovered from its lowest point in nearly a month.
On the downside, Xijiu Junpin saw the steepest drop, falling 10 yuan per bottle, marking its largest single-day decline in nearly a month after hitting its highest price since May 19 yesterday. Qinghualang fell 7 yuan per bottle, dropping below the 700 yuan mark. Gujing Gongjiu Gu20 dropped 6 yuan per bottle, hitting a new low in nearly a month. Premium Moutai fell 3 yuan per bottle, experiencing a third consecutive decline and reaching a new low in nearly a month.
Wuliangye's Classic Fifth Generation and Yanghe Dream Blue M6+ both fell by 2 yuan per bottle. The former has seen two consecutive days of decline, putting further pressure on its market correction, while the latter fell below the 590 yuan mark after two consecutive drops, maintaining a wide fluctuation pattern over the past month. Feitian Moutai edged down 1 yuan per bottle, reversing a brief uptick from yesterday, continuing its high-level consolidation pattern since the price increase on July 18.
Wuliangye 1618 and Qinghua Fenjiu 20 remained unchanged from yesterday. The former stayed at 818 yuan per bottle for two consecutive days, while the latter stabilized at 372 yuan per bottle after a sharp decline yesterday. The "Wine Price Insider" daily data is sourced from approximately 200 collection points reasonably distributed across major regions nationwide, including but not limited to designated distributors, social distributors, e-commerce platforms, and retail outlets. The raw sampling data reflects actual transaction retail prices over the past 24 hours, aiming to provide an objective, scientific, and fully traceable dataset on market prices of major baijiao products.
Since the launch of the official iMoutai platform, which sells Feitian Moutai at 1,499 yuan per bottle (raised to 1,539 yuan on March 31 and further to 1,639 yuan on July 18), and Premium Moutai at 2,299 yuan per bottle (raised to 2,359 yuan on May 16), this new channel's magnetic pull on the average retail prices of these two products has gradually become apparent. The "Wine Price Insider" daily prices follow a volume-weighted calculation rule, incorporating verifiable prices from this channel into the retail price calculations of both products. [Click to enter the Wine Price Insider for real wine prices]
In other important baijiu industry news, Wuliangye Yibin Co.,Ltd. repurchased a total of 10.78 million shares through centralized bidding transactions in July, accounting for 0.28% of the company's total shares. The transaction price range was between 73.34 yuan and 74.84 yuan per share, with a total payment of 802 million yuan, excluding transaction fees. According to the previous plan, the company intends to repurchase A-shares at a price no higher than 153.59 yuan per share to reduce registered capital, with a repurchase amount of no less than 8 billion yuan and no more than 10 billion yuan. As of July 31, Wuliangye Yibin Co.,Ltd. had cumulatively repurchased 13.3166 million shares, representing 0.34% of the total shares, with a transaction price range of 73.33 yuan to 85.25 yuan per share. The cumulative payment amount reached 1.002 billion yuan, excluding transaction fees, surpassing the 1 billion yuan mark. The company stated it will continue to implement the repurchase plan based on market conditions. [Click to enter the Wine Price Insider for real wine prices]
Comments