KWEICHOW MOUTAI(SH:600519) Di Yi Cai Jing·2026-01-29 05:27Group 1 - The recent price increase of Moutai is driven by pre-holiday stockpiling by liquor stores and the company's volume control strategy, despite stable market demand [1][3] - As of January 29, the price of a bottle of 2026 original Moutai rose by 20 yuan to 1610 yuan, with the price of loose bottles remaining at 1570 yuan, indicating a recovery above 1600 yuan [1] - The retail price of Moutai has rebounded to between 1570 yuan and 1600 yuan per bottle on various platforms, with the 1499 yuan Moutai selling out repeatedly for 29 consecutive days [1] Group 2 - The price stability of Moutai leading up to the 2025 Spring Festival has garnered market attention, with no significant increase in demand reported [3] - Moutai's recent price rise is attributed to the company's proactive volume control policies and seasonal demand factors associated with the Spring Festival [3] - Since December 2025, Moutai has implemented measures such as halting shipments and reducing non-standard products to stabilize market sentiment, indicating that the price changes are more a result of policy intervention than a pure market demand rebound [3]