综合一区欧美国产,99国产麻豆免费精品,九九精品黄色录像,亚洲激情青青草,久久亚洲熟妇熟,中文字幕av在线播放,国产一区二区卡,九九久久国产精品,久久精品视频免费

Business / Industries

Chinese liquor prices rise ahead of holiday

(Xinhua) Updated: 2012-09-05 17:40

GUIYANG -- China's top liquor brand has increased the prices of its beverages ahead of a major public holiday, raising concerns about a possible industry-wide price hike.

Kweichow Maotai Group, based in southwest China's Guizhou Province, on Tuesday said it will raise the price of Maotai liquor by 20 to 30 percent starting from September.

After the price hike, Maotai's popular 53-percent liquor is likely to cost up to 1,800 yuan ($283) for a one-liter bottle, market analysts said.

Peng Hong, secretary of the Guangdong provincial alcohol industry association, said winter is usually the peak season for liquor sales.

The price hike by Maotai is likely to spread to other top brands, making high-quality liquor even more unaffordable for ordinary wage earners.

China will celebrate its Mid-Autumn Festival and National Holiday from September 30 to October 7. Liquor is an important part of the holiday banquets most families hold during the holidays.

Peng said many wholesalers have complained that liquor sales declined by 10 to 20 percent in the first half due to narrow profit margins. Competition in the sector might push small liquor brands out of the market and bring prices back to reasonable levels, he said.

Hot Topics

Editor's Picks
...
安塞县| 观塘区| 太仆寺旗| 石阡县| 宁陵县| 安乡县| 桐柏县| 海伦市| 保山市| 商丘市| 玛多县| 奉化市| 平南县| 邻水| 东丽区| 铁岭市| 鄂伦春自治旗| 陈巴尔虎旗| 蕉岭县| 板桥市| 龙胜| 区。| 和田县| 平利县| 延津县| 尚义县| 拉萨市| 仁怀市| 宣汉县| 林西县| 醴陵市| 南通市| 长沙市| 泸州市| 天等县| 岑溪市| 新巴尔虎右旗| 佛冈县| 澜沧| 大冶市| 合水县|