Xin Lang Cai Jing·2026-01-08 01:01Core Insights - The Chinese liquor market is experiencing a significant decline in retail prices for the top ten products, with an overall drop in market confidence [1] - The total retail price for a bundled sale of the top ten products is 8,982 yuan, marking a decrease of 58 yuan from the previous day, the lowest since November 18 of the previous year [1] Price Movements - Seven out of the ten major liquor products saw price declines, with notable drops including: - Wuliangye (普五八代) down 15 yuan per bottle - Qinghua Lang (青花郎) down 15 yuan per bottle - Guojiao 1573 (国窖1573) down 14 yuan per bottle - Premium Moutai (精品茅台) down 7 yuan per bottle - Feitian Moutai (飞天茅台) down 3 yuan per bottle - Ancient Liquor (古井贡古20) down 3 yuan per bottle - Crystal Jiananshun (水晶剑南春) down 2 yuan per bottle [1][3][4] - The only product to see a price increase was Qinghua Fen (青花汾20), which rose by 1 yuan per bottle [1] Market Sentiment - The overall market is characterized by a downward trend, reflecting a lack of confidence among consumers and investors [1] - The price adjustments across leading brands indicate a broader issue within the industry, as multiple core products are experiencing simultaneous price declines [1]