Analyst: The price increase of Maotai not only sends a positive signal to the industry, but also injects confidence into the liquor industry to overcome this deep adjustment cycle.
Zhuqing Xiao, an analyst in the liquor industry, stated in an interview with reporters that recently Maotai's 15-year-old and boutique Maotai have successively lowered their prices. This means that Maotai's price system is not just rising, but will follow the principle of adjusting dynamically according to market conditions. He emphasized that Maotai's liquor price, as the ceiling of the entire Chinese liquor industry, not only released a positive signal to the industry with this adjustment, but also injected confidence into the industry to cross this deep adjustment cycle.
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