Due to recent fluctuations in wholesale prices, the stock price of Kweichow Moutai hit a new low for the year. The head of a Moutai dealer in Shanghai said that the retail price of their bulk Moutai is currently 2520 yuan. Since the Dragon Boat Festival, the retail price has been fluctuating downward from 2750 yuan. Another Moutai dealer in Shanghai told reporters that the retail price of a single bottle of bulk Moutai in their store is currently 2560 yuan, and the price for a full case of Moutai is 2800 yuan. "The price has been falling recently, although the magnitude is not significant, usually only tens of yuan, but price reduction is currently a trend. However, it is not possible for the price to keep falling all the time, and it should stop when it reaches a certain point."
贵州茅台盘中股价创年内新低 经销商称降价是趋势但不会一直降
Kweichow Moutai's stock price hit a new low for the year during trading hours. Dealers say that price reduction is a trend, but it won't always be reduced.
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