Re: Bourbon prices are up... what have you seen...
I think the price increases on the premium brands (Van Winkles, BTAC, etc) are due to basic economics. If you quickly sell every widget you make, you're not charging enough for your widgets. Now, are the increases coming from the producers or at the wholesale level? Ohio's BTAC price has been the same for two years, so I'm not sure.
Shortages drive up the prices. People snapping up bottes to sell on eBay (and people who patronize these eBay sellers) drive up the prices. Expanding popularity for a product that takes 8, 10, 12 plus years to create drives up prices...
Re: Bourbon prices are up... what have you seen...
I've noticed price increases on alot of basics, but I'm still getting WTRB for $28.99.
I paid $32.99 per bottle for this years B-Day bourbon
EC12 is $18.99.
I have been disappointed in the increase in WTKS. I used to pick up at least 1 bottle every 6 months , but it is $50 now, up from $40.
Re: Bourbon prices are up... what have you seen...
To tell you the truth I don't pay much attention to prices.
I get what I want for a variety of reasons.
Re: Bourbon prices are up... what have you seen...
It's all Econ 101, supply and demand. Bourbon is hot and the suppliers are responding to the market. Just look at how many new members have joined SB in just the last year.
The same thing happened with California cabernet. Wine got hot and prices went through the roof. More wine was planted, people got tired of high prices, now we have a wine glut and brand consolidation.
I see bourbon going through the same cycle, despite the poor economy. Just think where prices would be if the economy was rolling.
Load up on your favorites now and watch prices go up.
Jim