date:Oct 11, 2012
reduced harvest will further tighten supplies but may also allow the market to eliminate unsustainable sales, the Q3 report says.
This shift towards a more balanced - and potentially tight - supply position is changing the dynamics of the global wine industry, Rabobank added.
The study suggests that wineries are facing less pressure to compete at lower price points in the market, pointing to a shift in negotiating leverage in favour of producers.
But, Rabobank added: Looking forward, the si