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Analysis
Argentinean situation
The exact term that would define the viticultural
situation in Argentina is worrisome. The Cuyo newspaper, edited
in San Juan -second main district of the country’s wine
producers- affirms that May was a negative month, but June
will be even worse. The strike has meant an incredible blow,
but the national economy situation constitutes the main obstacle
for the viticultural area.
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"The
storm caused by the country’s strike does not seem to
have spread through the wine market. The dynamics from before
the conflict have not yet been reestablished, and it is obvious
that the marketization obstacles have stopped the climb of
prices in the shipments; the dry whites stagnated in 82-85
cents the liter cash and the sulfite must stayed in 82 cents”,
reports this excellent study from the San Juan newspaper.
"The dynamics of last May shipments, released this
Friday by the National Viticultural Institute (INV),
already anticipates the effects of this upheaval.”
Reports this morning paper in an analysis of the figures released
by the INV (See
article).
"This is just the surface, because deep inside production
and industry suffer the severe problems that affect the whole
economy, and that are covered by the conflict with the country,”
reads one of the last paragraphs of this article written by
Gabrel Bustos Herrera and that you can find
in
this link.
July 7th, 2008
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