vinimex newletter

Wine market report Spain - March 2013


Wine market report Spain - March 2013



We have interesting news from the Mancha area:

 

  • There is a very limited availability of stock for white wine and rose wine in Spain. The stock will most likely last until May and afterward we have to wait for wine from the new harvest. The simple qualities will be distilled in summer or sold as a basic wine for production of vinegar. We advise to buy white or rose wine from Spain within the next few days or weeks!
  • The situation for red wine from Spain is much better. Stock levels are O.K. and the wine shall last until the new wines arrive. This has helped to relax the market situation. Prices for red wine have already decreased lately but we do not expect a significant drop in prices. There is enough red wine but there is not too much of it. If you need red wine within the next few months you may start negotiations at any time.  The cooperatives are prepared for discussions. This is a good sign for potential buyers.

  

Current prices for table wines and quality wines are available. We are happy to organize quotes exactly to your needs.

 


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