Bulk Wine Prices: Minimal Change

Only Australia's reds are losing out. Some of the major producers are now producing abroad to avoid the customs problems with China and to remain present on the market there, at least as a brand. In general, there seems to be a higher demand for white wines than for reds. California announces an increase in bulk wine prices for export, due to a contract dispute with West Coast dock workers, in addition to 8% inflation in the country.