Core Viewpoint - The continuous decline in the price of Moutai reflects the severe challenges faced by the entire liquor industry, prompting Moutai Group to take active measures to stabilize the market [2]. Price Trends - As of November 28, the wholesale reference prices for Moutai are as follows: - 25-year Moutai original box decreased by 20 yuan to 1580 yuan per bottle - 25-year Moutai scattered bottle decreased by 25 yuan to 1565 yuan per bottle - 24-year Moutai original box decreased by 40 yuan to 1660 yuan per bottle - 24-year Moutai scattered bottle decreased by 30 yuan to 1630 yuan per bottle - 23-year Moutai original box decreased by 10 yuan to 1900 yuan per bottle - 23-year Moutai scattered bottle decreased by 60 yuan to 1740 yuan per bottle [1][2]. Industry Challenges - The liquor industry is currently in an adjustment cycle, gradually entering a bottoming phase where the decline in sales and prices is expected to narrow [3]. - Market expectations for performance downgrades have become sufficiently established, indicating that the industry is preparing for continued challenges [3]. Future Outlook - Given the current low valuation and holdings, there is potential for slight valuation recovery as liquidity and policy expectations improve, although significant upward movement will require confirmation of sales and price turning points [4].
飞天茅台批发价跌至1565元