NZ: Winegrowers toast increasing sales
NZ: Winegrowers toast increasing sales
Mar 10, 2011 6
An unexpected sales surge that lowered national wine reserves means things are looking up for the New Zealand wine industry.
The industry has been haunted by oversupply, which sent grape prices plummeting in the past two years.
This year's harvest has already begun for sparkling wine varieties in the Central Otago region, but picking of the area's flagship variety, pinot noir, is expected to begin within the next two weeks.
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