Argentina
Production improved to 2.1–2.2 million MT, yielding 100,000–110,000 MT of concentrate. Exports from Jan–Apr reached 22,940 MT. Stable prices at USD 1,900–2,000/MT FOB Buenos Aires. Argentina remains key supplier for Grape Juice concentrate. Chile’s limited production this season may further increase reliance on Argentine exports to meet European demand.
Europe
Tight supplies in Spain and Italy, with white concentrate priced at EUR 2,200–2,350/MT and red at EUR 2,400/MT. A better crop is expected in late September.
