Sav Blanc shortage pushes spot price up (NZ)

Sav Blanc shortage pushes spot price up (NZ)

Speculation is rife in Marlborough that uncontracted grapegrowers are receiving up to $2000 a tonne for Sauvignon Blanc grapes. The high price has been attributed to the short supply of grapes because of the cool flowering conditions and large wine producers struggling to meet their commitments. People in the Marlborough viticulture industry are wary of naming names because of confidentiality clauses, but said large wineries are competing heavily with each other to secure the grapes, reports The Marlborough Express.

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