KWEICHOW MOUTAI(SH:600519) Sou Hu Cai Jing·2026-01-31 06:46Core Insights - The Chinese white liquor market has seen a significant increase in the average retail price of the top ten products, reaching a total price of 9009 yuan as of January 31, marking a rise of 117 yuan from the previous day and hitting a 20-day high [1] - The price surge is primarily driven by the substantial increase in the price of Feitian Moutai, which rose by 90 yuan per bottle, the highest daily increase since the price tracking began in November [1] - The overall market exhibited a bullish trend with seven products increasing in price, two decreasing, and one remaining stable, indicating a strong influence of high-end liquor on the price dynamics [1] Price Movements - Feitian Moutai (53 degrees/500ml) is now priced at 1755 yuan, up by 90 yuan from the previous day [3] - The premium Moutai variant is priced at 2381 yuan, with a slight increase of 12 yuan [3] - Other notable price changes include: - Guojiao 1573 up by 10 yuan to 646 yuan [4] - Xijiu Junpin up by 9 yuan to 646 yuan [4] - Qinghua Fen 20 up by 3 yuan to 375 yuan [4] - Yanghe Dream Blue M6+ and Gujing Gong Gu 20 both up by 1 yuan [4] - Qinhualang down by 7 yuan to 707 yuan [4] - Wuliangye Pu Wu 58 down by 2 yuan to 798 yuan [4] - Shuijing Jian Nan Chun remains stable at 389 yuan [4] Market Dynamics - The price increase is attributed to heightened demand for high-end liquor during the pre-festival period, coupled with active speculative trading [1] - The top products are showing a pronounced impact on the overall average price, reflecting the market's sensitivity to premium offerings [1]