Bubbling up towards $30....
China’s Thirst for Australian Wine Is in Overdrive
By
Angus Whitley
July 24, 2018, 10:45 AM GMT+10
Wine Australia said Tuesday. Americans are upgrading to premium labels, away from Australia’s traditional U.S. base of lower-end wines, the group said.
The total value of Australian overseas wine sales jumped 20 percent to A$2.76 billion ($2 billion), the steepest climb in 15 years, led by a 55 percent jump in exports to China. Wine costing between A$50 and A$100 a liter delivered the fastest growth.
Bottoms Up...And Down
Australian wine exports are surging to China, but falling to the U.S.
Bubbling up towards $30.... China’s Thirst for Australian Wine...
-
- There are more pages in this discussion • 239 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add TWE (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$10.87 |
Change
-0.030(0.28%) |
Mkt cap ! $8.820B | |||
| Open | High | Low | Value | Volume |
| $10.67 | $10.93 | $10.64 | $20.70M | 1.910M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 23879 | $10.86 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $10.91 | 192 | 1 |
View Market Depth
| Last trade - 16.10pm 13/11/2024 (20 minute delay) ? |
| TWE (ASX) Chart |