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How closely are Champagne buyers and sellers aligned?
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How closely are Champagne buyers and sellers aligned?
In recent months, we have spoken increasingly frequently on the Champagne market’s potential for improvement (Selosse activity, Grand Marques activity). The accelerated declines driven by the pullback of US buyers from March to May, while tough to stomach, have successfully lowered prices to levels where UK and EU buyers are finding value. Following these declines, we have seen the Champagne 50’s bid:offer ratio rise beyond 0.5 — the point at wh…
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