Navigation
Search This Blog

Return to KLWines.com

Spirits Journal Podcast Archive

Spirits Journal Twitter Feed

K&L Uncorked Blog

K&L Spirits Tasting Schedule:

Weds from 5 - 6:30 PM

4/23 - Redwood City: Ardbeg Single Malts (w/the chopper!)

2014 K&L Exclusive Scotland Whisky

1988 Littlemill 25 Year Old K&L "Exclusive Malts" Single Barrel Cask Strength Lowland Single Malt Whisky IN STOCK NOW!


1996 Bowmore 16 Year Old Faultline Single Cask Strength Single Malt Whisky IN STOCK NOW!


Bladnoch "Young" K&L Exclusive Heavily Peated Single Barrel #57 Cask Strength Single Malt Whisky IN STOCK NOW!


Bladnoch 11 Year Old K&L Exclusive Lightly Peated Single Barrel #303 Cask Strength Single Malt Whisky IN STOCK NOW!


Bladnoch 23 Year Old K&L Exclusive Single Barrel #1054 Cask Strength Single Malt Whisky IN STOCK NOW!


Talisker "The Speakeasy" K&L Exclusive Single Barrel Cask Strength Single Malt Whisky IN STOCK NOW!


2005 Glenrothes 8 Year Old K&L Exclusive "Sovereign" Single Sherry Barrel Cask Strength Single Malt Whisky IN STOCK NOW!


1997 Glengoyne 16 Year Old K&L Exclusive "Sovereign" Single Barrel Cask Strength Single Malt Whisky IN STOCK NOW!


Kilchoman K&L Exclusive Single Bourbon Barrel #172 Cask Strength Single Malt Whisky IN STOCK NOW!


Kilchoman K&L Exclusive Single Bourbon Barrel #74 Cask Strength Single Malt Whisky IN STOCK NOW!


2013 K&L Exclusive Scotland Whisky Still Available

1991 Cambus 21 Year Old K&L Exclusive Signatory Single Barrel Cask Strength Single Grain Whisky 750ml IN STOCK NOW!


2002 Bowmore 11 Year Old K&L Exclusive "Exclusive Malts" Single Barrel Cask Strength Single Malt Whisky 750ml IN STOCK NOW!


2005 Island Distillery 7 Year Old K&L Exclusive "Exclusive Malts" Single Barrel Cask Strength Single Malt Whisky 750ml IN STOCK NOW!


2001 Royal Lochnagar 10 Year Old Faultline Single Barrel Cask Strength Single Malt Whisky 750ml IN STOCK NOW!


1995 Glendronach 18 Year Old Single PX Barrel Cask Strength Blended Scotch Whisky 750ml IN STOCK NOW!


1994 Benriach 19 Year Old Single Bourbon Barrel Cask Strength Blended Scotch Whisky 750ml IN STOCK NOW!


1989 Cragganmore 23 Year Old Faultline Single Cask Strength Single Malt Whisky IN STOCK NOW!


1992 Longmorn 21 Year Old Faultline Single Cask Strength Single Malt Whisky IN STOCK NOW!


1987 Mortlach 25 Year Old Faultline Single Cask Strength Single Malt Whisky IN STOCK NOW!


1983 Miltonduff 30 Year Old Faultline Single Barrel Cask Strength Single Malt Whisky 750m IN STOCK NOW!


« Using Online Consumer Reviews | Main | Rocket »
Saturday
Jun232012

Shortages, Price Increases

I've been having this conversation with our customers for some time, but for those of you who don't come into the store here's the issue: the planet's rediscovery of brown booze is causing some serious shortages.  How many American whiskies are we down right now? Rittenhouse Rye, Sazerac, Wild Turkey Rye, Elijah Craig 18, Black Maple Hill, Vintage 17, and the list goes on and on.  Cognac and single malt producers are also feeling the heat, running short on big name expressions that customers have drunk freely for years.  I've gone on about this issue in previous posts, so I'll spare you all the back story - just get ready for more shortages and more price increases as a result of the current drought.

When an older whisk(e)y sells out (i.e. Old Pulteney 21) do we really expect the producers to bring it back for the same price?  Wishfully thinking, we would say yes.  However, with demand for the "whisky of the year" as high as it is, why take $100, or even $120 a bottle when they know people will happily pay $160? I'd expect a substantial price increase the next time we see this whisky again.  To make matters worse, I just found out this week that Yamazaki is now tightening its belt and will immediately be allocating its whiskies to top accounts.  That means we'll likely get about one case of 12 year each month, while the 18 year old looks to be completely wiped out for the foreseeable future.  The question again here is: do they raise the price in response to the shortage?

Why do I expect InverHouse to raise the price on Old Pulteney 21?  Because I just got word that the 17 year old will be going from $85 to over $100 per bottle early next month.  To me, the 17 year old is the better whisky, but it has nowhere near the demand of the 21.  If they think they can get $100+ for the 17, due to the new-found success of the 21, then there's no telling how much they think the 21 is actually worth in today's market.  If you're a fan of these malts, now would be a good time to grab what's left before the price goes up any higher.  I just cleaned out California, so we'll be able to sustain the old price on OP17 once the delivery comes next week.  Yamazaki 18 fans, however, need to snatch up what's left immediately.

-David Driscoll