American buyers: keep prices down

Mar 29, 2010

The message from American buyers at the beginning of en primeur week is clear: this might be a great vintage, but keep prices competitive. Buyers for California-based importer JJ Buckley were enthusiastic about the wines but were focusing on the lower price-brackets. 'The action is going to be at the €15 to €20 level,' said CEO Shaun Bishop. 'There is a lot of competition in the €50 to €100-level wines and we have already seen high-end Napa and Italian wines come down by 30%.'

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