广发证券：白酒行业逐步出清期待下半年边际改善

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智通财经APP获悉，广发证券发布研报称，从批价来看，节后淡季茅台成交价环比有所回落，普五国窖成交价保持相对稳定。从货龄来看，高端白酒整体货龄较新，中档及次高端白酒货龄偏长。白酒板块历经四年调整期，2026年有望迎来新一轮发展周期。2025年部分大众品子赛道已率先企稳，展望2026年，行业吨价有望温和上涨，看好新品、新渠道带来的个股机会。广发证券主要观点如下：白酒论坛反馈：酒业收缩新趋势，以价换量...

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广发证券：白酒行业逐步出清 期待下半年边际改善

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广发证券：白酒行业逐步出清期待下半年边际改善