Rabobank Report: Global Wine Inventories Tightening as Wineries Move to Fill Production Shortfalls
Rabobank Report: Global Wine Inventories Tightening as Wineries Move to Fill Production Shortfalls
Jul 16, 2012 6
/PRNewswire/ - Rabobank estimates global wine inventories are at the lowest point of the past decade, as shown in its latest quarterly report on trends and outlook for the international wine market. Indications are that the industry has finally moved closer to balance after years of oversupply challenges. This tightening inventory comes at a time when consumer demand continues to grow and while production remains somewhat constrained.
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