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Imported wine encounters the frist rise of price idue to grape output reduction in Europe by Stacier Wei 04/03/2013  

On the other day, a news is released that Europe encounters the most serious reduction in grape output in 2012 for the past 50 years. Under such influence, about a hundred wine varieties from France, Italy and other European countries collectively rise in price by 20-30%.

Because of the heat of wine market for the recent years, wine distributors hold positive attitude towards the rise in price. Yesterday, the man in charge of an related department of alcohol administration introduces that Chongqing consumed 12.5 billion Yuan of alcohol in 2012, 15% of which was wine.

On the contrast, at the moment, some renowned Chinese domestic wine brands try making discount for their products or arranging promotion activities, to grape the market with the advantage in low prices.

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