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Wine bargains to be had
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<blockquote data-quote="user 4386" data-source="post: 587383" data-attributes="member: 4386"><p>Having family in the business, I know that is not accurate (particularly at the producer end). It is dependent on supply, oversupply, recovering costs (at least), and getting a commodity off the shelves that does not last forever (only a percentage have a long life). And if China cancels you will cut prices to cost recovery before everyone else tries the same.</p><p></p><p>Far too much is produced by small producers for them to be able to artificially boost prices most of the time. It is very competitive nowadays.</p></blockquote><p></p>
[QUOTE="user 4386, post: 587383, member: 4386"] Having family in the business, I know that is not accurate (particularly at the producer end). It is dependent on supply, oversupply, recovering costs (at least), and getting a commodity off the shelves that does not last forever (only a percentage have a long life). And if China cancels you will cut prices to cost recovery before everyone else tries the same. Far too much is produced by small producers for them to be able to artificially boost prices most of the time. It is very competitive nowadays. [/QUOTE]
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Wine bargains to be had
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