贵州茅台股价盘面涨幅2%，重新站在1500元关口上方，这是自去年9月以来首次重返这一关键位置。 春节期间白酒消费热潮下，茅台再度成为市场焦点。 2月4日，贵州茅台盘中一度上涨4%，股价重新站上1500元，为2025年9月15日以来首次。截至当日发稿时，贵州茅台股价涨幅近2%，稳居1500元上方。 与此同时，茅台酒的市场批发价也表现强劲，数据平台显示26年飞天茅台原箱价格已涨至1665元/瓶，散瓶价格也达到1610元/瓶。 01 股价回暖 贵州茅台在2026年开年迎来股价回暖。2月4日，其盘中涨幅一度达到4%，最终稳定在1500元上方，这是自去年9月以来的首次突破。 这一表现反映出市场对茅台未来发展信心的恢复。 券商机构对茅台的发展态度积极。中金公司在最新研报中维持贵州茅台"跑赢行业"评级，并给出1860元的目标价。 这意味着从中金公司的分析来看，茅台股价仍有约30%的上升空间。 02 批价企稳 茅台酒的市场价格在经历波动后正逐渐回稳。 目前茅台批价已围绕1500元/瓶附近震荡，该价位已逐步成为厂商、渠道与消费者之间的共识区间。 中金公司食品饮料分析师表示："飞天茅台价格筑底信号渐明，龙头稳健跨越周期的预期有望 ...

Core Insights - The core insight of the news is that the retail prices of major Chinese liquor brands have significantly increased, with the average price of the top ten products reaching a new high since 2026, indicating a strong market recovery and demand surge ahead of the Spring Festival [1][6]. Price Trends - The total retail price for a package of the top ten liquor products is 9118 yuan, which is an increase of 67 yuan from the previous day [1][6]. - Among the top ten products, eight saw price increases while two experienced declines, reflecting a general upward trend in the market [1][6]. - The most notable price increases include: - Gujinggong 20, up 15 yuan per bottle, reaching a 30-day high [1][6]. - Yanghe Dream Blue M6+ increased by 12 yuan per bottle [1][6]. - Both Feitian Moutai and Qinghua Lang rose by 10 yuan per bottle [1][6]. - Other products like Qinghua Fen 20, Guojiao 1573, and Shuijing Jian Nan Chun increased by 6 yuan per bottle [1][6]. - The only products that saw price declines were Wuliangye Pu 58 and boutique Moutai, which fell by 2 yuan and 1 yuan respectively [1][6]. Market Analysis - The data for the "Liquor Price Reference" is collected from approximately 200 points across various regions, ensuring a comprehensive and accurate representation of the market [2][7]. - The recent price trends are attributed to several factors: - The upcoming Spring Festival, which traditionally boosts consumer demand [8]. - Improved macroeconomic policies that enhance domestic demand [8]. - A shift in investment strategies, with institutional holdings at historically low levels [8]. - The current state of the liquor industry is characterized by a "five-bottom phase" in terms of policy, inventory, sales, and pricing, suggesting a potential turning point for the market [8].

白酒（核心股）板块午后再度拉升，皇台酒业、酒鬼酒、山西汾酒、贵州茅台等涨超3%，其中贵州茅 台股价站稳1500元，泸州老窖涨超2%，迎驾贡酒、舍得酒业涨近2%。 | | 名称 | 涨幅量 | | --- | --- | --- | | | *ST岩石 | +4.57% | | 2 | 青岛湿补 | +3.89% | | 3 | 酒鬼酒 | +3.60% | | 4 | 山西汾酒 | +3.45% | | 5 | 贵州茅台 | +3.12% | | 6 | 泸州老窖 | +2.80% | | 7 | 迎驾贡酒 | +1.97% | | 8 | 毛得湿补 | +1.81% | | ਰੇ | 今世缘 | +1.37% | | 10 | 古井贡酒 | +1.31% | | 11 | 五粮液 | +1.19% | | 12 | 顺喜农业 | +0.60% | | 13 | 洋河股份 | +0.51% | | 14 | 老白干酒 | +0.37% | | 15 | ロ子窖 | +0.30% | 当前市场炒作的核心在于白酒（核心股）行业周期拐点将至的预期，叠加春节消费旺季来临，行业"五 底阶段"与资本市场"三低一高"形成共 ...