date:Oct 11, 2012
gnificant declines forecast for European production will likely help to keep bulk prices strong across most regions, and may lead to incremental price increases across some regions.
The report says that the effects of tightening global supply will not be felt evenly. Markets that currently pay the lowest average prices for bulk wine will be outbid by those that pay higher prices, and their volumes can be expected to decline, Rabobank said.
It added: Western Europe, Russia and some of the emer