Xin Lang Cai Jing·2026-01-28 01:35Core Viewpoint - The Chinese liquor market is experiencing a mixed trend in retail prices for the top ten products, with a total price of 8866 yuan, marking a decrease of 20 yuan from the previous day, reaching a new low in five days [1] Price Trends - The market shows four price increases and six decreases today, with premium Moutai leading the increase by 6 yuan per bottle, followed by Crystal Jian Nan Chun up by 3 yuan, and Guojiao 1573 and Dream Blue M6+ each up by 2 yuan [1] - On the downside, Qinghua Lang saw a significant drop of 17 yuan per bottle, while Feitian Moutai decreased by 9 yuan due to normalized supply from the iMoutai platform [1][4] - Other declines include Xijiu Junpin down by 3 yuan, Gu Qing Gong Gu 20 down by 2 yuan, and both Qinghua Fen 20 and Wuliangye down by 1 yuan, indicating a relatively stable trend [1] Market Analysis - The daily data from "Wine Price Insider" is sourced from approximately 200 collection points across major regions, aiming to provide an objective and traceable overview of retail prices in the well-known liquor market [5] - The introduction of new sales channels for Feitian Moutai and premium Moutai has begun to show a magnetic influence on their market retail prices [5] - The A-share liquor sector has seen a decline, with the China Securities Liquor Index dropping to 8293.16 points, the lowest since September 19, 2024, and the sector has experienced a continuous six-year annual decline [5] - Among the stocks, only Guizhou Moutai showed a slight increase, while Yanghe Co. fell nearly 3.6%, and several other stocks, including Wuliangye and Shanxi Fenjiu, saw declines exceeding 1% [5] - In the past 11 trading days, the average decline for 20 stocks in the liquor sector was nearly 8.5%, with a median drop of 6.6%, and six stocks experienced declines of over 10% [5] - Despite the market adjustment, financing clients have been increasing their positions, with Guizhou Moutai seeing a net purchase of 3.166 billion yuan in the last 10 trading days, reaching a new high in financing balance in one and a half years [5]