(以下内容从国金证券《食品饮料行业研究:预期逐步筑底,关注顺周期&餐饮链配置契机》研报附件原文摘录)白酒:春节旺销窗口收官,结合渠道反馈,我们认为春节白酒动销整体符合市场预期,预计全渠道动销量同比下滑10~15%。其中,略超预期的反馈在于:1.节前&节内飞天茅台批价表现相对不错、未有显性回落;2.部分区域节内大众价位产品有零星终端补货行为,当然这也与近年来终端小批量、高频次进货习惯相关,目的是规避...
Source Link(以下内容从国金证券《食品饮料行业研究:预期逐步筑底,关注顺周期&餐饮链配置契机》研报附件原文摘录)白酒:春节旺销窗口收官,结合渠道反馈,我们认为春节白酒动销整体符合市场预期,预计全渠道动销量同比下滑10~15%。其中,略超预期的反馈在于:1.节前&节内飞天茅台批价表现相对不错、未有显性回落;2.部分区域节内大众价位产品有零星终端补货行为,当然这也与近年来终端小批量、高频次进货习惯相关,目的是规避...
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