[MM-MALTS-L] Re: What drives price?
Davin de Kergommeaux
maltmaniacsdavin at gmail.com
Mon Nov 12 15:39:03 CET 2007
Harry,
Have you tasted any of the single cask Glengoynes over the past few
years? They are really quite spectacular.
Davin
On 11/12/07, Harry Pulley <harry.pulley at gmail.com> wrote:
> Today a good number of distilleries are buying back casks they sold in the
> past couple of decades as their own stocks are too low. Production has been
> ramped up at many facilities but of course none of that output will be ready
> to market for some years to come. Already we are seeing many 'holes' in the
> OB offerings where you used to be able to get a 10-12yo there is a no age
> statement and quick aging in small casks is coming into fashion.
>
> And yes, most IBs now own distilleries as well since I think it is now
> easier to swap casks than to buy them outright. Unless you have your own
> source of swap materiel, you will soon be out of the loop. The question is
> whether or not anyone will want swap casks of Edradour, Glengoyne, Benromach
> or others in the future.
>
> Tiered products from IBs are already happening. There are many distilleries
> now missing from independents other than very old, very expensive
> bottlings. Those who still have the old stock don't mind as they can simply
> increase their prices.
>
> Old scotch may soon be for collectors only, if that isn't already true.
> Perhaps it is time to learn to appreciate a nice 8-12yo scotch whisky again
> rather than pining for 30yos.
>
> Harry
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