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    Moutai And Other Liquor Prices Increased By &Nbsp; The NDRC'S Request For Talks Could Not Rise Again.

    2011/9/23 15:16:00 27

    Moutai Liquor Turns Up In Price

    Entering the September, with the arrival of the peak season of liquor, Wuliangye and the Yanghe River shares (136.60, -1.49, -1.08%) both issued a notice announcing the price increase of liquor, and other brands in the market were widely known to imitate.

    However, the trend of follow suit will probably be in the near future.

    dystocia

    Recently, the national development and Reform Commission once again held a symposium on liquor prices, requiring enterprises to protect market supply and stabilize prices.


    This newspaper (text, table / reporter Liu Jun) yesterday, this newspaper learned from the official website of the China Brewing Industry Association, recently, the national development and Reform Commission held a symposium on liquor prices again, requiring industry associations and key liquor enterprises to play a role in maintaining the market price of liquor, while protecting market supply, stabilizing prices and not increasing prices.


    Requiring backbone enterprises to stabilize prices


    Yesterday, reporters from the China Brewing Industry Association official website issued the "proposal" was informed that in September 16th, the national development and Reform Commission Price Division, economic and trade department, price supervision bureau held a symposium on liquor prices, attended the meeting of China Wine Industry Association, China liquor circulation association, Moutai brewery Limited by Share Ltd, Wuliangye Limited by Share Ltd, Su wine group Limited by Share Ltd, Luzhou Laojiao (39.98, -1.84, -4.40%) Limited by Share Ltd (micro-blog), Gujing Gong wine (88.49,0.98,1.12%) convergence.


    According to the briefing, the conference held extensive exchanges on liquor prices.

    The leaders of the NDRC proposed that trade associations and key liquor enterprises should play a role in maintaining the market price of liquor, while protecting market supply, stabilizing prices and increasing prices, and strengthening the management of dealers.


    The association then proposed that all alcoholic production and operation enterprises should strictly abide by the laws and regulations such as the price law, consciously regulate the market price behavior, do not hoarse, and do not take a walk in advance.

    Price increase

    Information does not concentrate on raising prices, but not collusion and collusion in price increases.


    Reporters learned that this is the second time this year that the Department has emphasized the maintenance of price stability through the symposium to the liquor industry.


    Wine companies take turns to raise prices and speculation, warning regulators to be vigilant


    Earlier, Wuliangye (000858) announced that it had raised the factory price by about 20%~30% on the 10 day, and the Yanghe River shares (002304) said that the price of the raw and auxiliary materials rose from 13 to 13, and the average price of the "blue classics" rose by about 10%.


    The journalist once wrote that the liquor companies predicted a price increase a week ahead of schedule this year, which helped dealers "hoard wine" and tightened the supply of high-end liquor in the market (see AII2 version September 7th).

    Yesterday, a business representative from a liquor making enterprise argued that it was because "the stock was out of stock, and the dealer could not get the goods ahead of time."

    He admits that raising the price makes the high-end image of the product more prominent.


    Yesterday, the reporter inquired into some liquor companies involved in the symposium, Luzhou Laojiao said that there was no plan to increase the price before National Day, while the Yanghe River indicated that the announcement of price adjustment has been implemented since 13.


     

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