02-Planeta_manchette_175x100
Allegrini 2018
CIATTI REPORT

Italy: the bulk wine market is on standby (waiting for rebates)

Table white wine prices are 50-60 euro cents per liter, while Chianti DOC, strictly bottled only, has grown to 2-2.25 euros per liter

The “Global Market Report” by the Ciatti Company, one of the largest bulk wine brokers in the world, focuses on Italy and its dynamics in the vineyards, since the grape harvest is at the door. Following an optimal seasonal trend, which quantity wise is showing a total reverse trend with respect to last year, and forecasts from the Italian agri food market services, ISMEA are indicating 46 million hectoliters. This comeback puts the bulk market on standby, while the buyers are waiting for the grapes to actually be in the cellars to be able to know the production level and 2018 prices, before making rash decisions. Consequently, bulk prices are either all stable or on the decline. Table white wine prices are 50-60 euro cents per liter, the same as table reds, while Chardonnay is going on the market at 0.75-1.10 euros and Cabernet Sauvignon at 70-80 euro cents, like Merlot. Primitivo, instead, remains stable at 1.20-1.40 euros per liter. Examining denomination wines, Pinot Grigio DOC is confirming a market quotation of bulk at 1-1.10 euros per liter, Prosecco DOC is stable at 1.90-2.10 euros per liter and Montepulciano DOC prices are 0.75 to 0.80 euro cents per liter, while Chianti DOC, strictly bottled only, has grown to 2-2.25 euros per liter.

Copyright © 2000/2018


Contatti: info@winenews.it
Seguici anche su Twitter: @WineNewsIt
Seguici anche su Facebook: @winenewsit


Questo articolo è tratto dall'archivio di WineNews - Tutti i diritti riservati - Copyright © 2000/2018

Altri articoli