Pragmatic Pricing on 2008 Futures from Latour?
Posted: Apr 14, 2009 11:55am ET
I got Frédéric Engerer on the phone from Taipei this afternoon from my house in Italy. He had more than 50 e-mails to answer regarding the release of his 2008 Latour to the global wine trade. The president of the famous first-growth released his wine at 110 euros to the Bordeaux wine trade, who in turn are selling it to customers around the world for about 126 euros to 132 euros.
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