"The bank’s Wine Quarterly report shows Australian wine exports fell by 1.6 per cent during the first three months of this year but their value rose by 13.1 per cent."
Volume falling but value increasing implies a move towards premium brands and could be good for TWE, combined with the big uplift in exports to the US and China.
TWE Price at posting:
$12.61 Sentiment: Hold Disclosure: Held
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