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Industry

Many Chinese liquor companies lift product prices in off-season

May 21, 2018


Abstract : Many Chinese liquor producers, including Luzhou Laojiao, Anhui Kouzi Distillery, Gujing Group, etc., has lifted their product prices one after another recently, the Xinhua-run China Securities Journal reported on Monday.

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BEIJING, May 21 (Xinhua) -- Many Chinese liquor producers, including Luzhou Laojiao, Anhui Kouzi Distillery, Gujing Group, etc., have lifted their product prices one after another recently, the Xinhua-run China Securities Journal reported on Monday.

Some dealers pointed out that at present, the sale of high-end liquor products are growing rapidly.

Analysts said that the increase in the prices of high-end liquor, together with a rise in the prices of packaging materials, to some extent promoted the liquor industry to start a new wave of price increases in the off-season.

(Edited by Yang Yifan, yangyifan@xinhua.org)

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Keyword: Chinese-liquor-companies

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