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Investment
Posted: Wed Apr 06, 2005 12:47 am
by dereksalmon
How many of you living in australia invest in wine and if so do you only invest in australian wine or do you purchase other wines as well i.e Old world wines?
Also do you use en premier?
Posted: Wed Apr 06, 2005 8:13 am
by Wizz
Well, there would be more wine investment in Australia if someone hadnt bought out all the 02 Dead Arm.
And it was never offered en primeur.
Posted: Wed Apr 06, 2005 10:41 am
by markg
I would say that there are alot less investing in wine for a profit these days as there has been in the recent past.
Posted: Wed Apr 06, 2005 11:14 am
by Guest
What is En Primeur? How do you join it?
Posted: Wed Apr 06, 2005 12:44 pm
by ChrisH
You fishing again Derek ?
Posted: Wed Apr 06, 2005 7:33 pm
by dereksalmon
No i was asking a genuine question.
En premier is.
"Also known as Wine Futures, En Primeur refers to the process of buying wines before they are bottled and released onto the market. Wines are usually delivered 2-3 years after the vintage, and can only be purchased by the unmixed case (12 bottles, 24 half bottles, 6 magnums).
Originally only Red Bordeaux was sold in this way, but increasingly wines from Burgundy, California, Rhône, Italy and Vintage Port are being offered 'En Primeur'."
Posted: Wed Apr 06, 2005 7:40 pm
by Chow Chow
No En Primeur in AU, only some wineries like Petaluma, Clarendon Hill etc. offered indent.
Posted: Wed Apr 06, 2005 7:51 pm
by Guest
Giaconda too for 04.