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En primeur troubles

Published:  23 July, 2008

While demand has been stronger than some traders expected in the UK, Europe and the Far East, it has been feeble in the US: the weakness of the dollar, the high prices paid for the 2003s, and the less-than-enthusiastic reports of influential reviewers such as Robert Parker and Wine Spectator have shrunk the market there. Some US shippers have even been declining their allocations of first growths.

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