Posts Tagged: en primeur

Bordeaux 2016: Will Politics Impact The Vintage?

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The big wine story is taking place in Bordeaux, where several thousand enthusiastic merchants and journalists are being welcomed. They’re swooping in from around the globe for en primeur, the region’s famous annual spring ritual. (Some call it a circus.)

Bordeaux 2016 En Primeur Begins To High Demand

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Olivier Bernard, head of the Union des Grands Crus (UGC), which is hosting Bordeaux 2016 en primeur tastings this week alongside individual estates, said that member estates have already seen 6,500 people come to taste. That’s around 2,000 more than normal at this stage.

A New Dawn For Bordeaux, Or Is The Sun Setting On En Primeur?

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It started innocuously enough with a headline on Monday morning in the local Sud Ouest newspaper that proclaimed the Bordeaux 2015 vintage was the ‘last chance to save the en primeur system’.

Bordeaux 2012: On A Roll

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Bordeaux 2012 was not an immediate success on the secondary market. Between En Primeur release and this time last year – when the wines had become physical – the overall value of those within the Bordeaux 500 index had dropped by 2.6%. Trading activity was also low: the vintage had accounted for just 2.9% of Bordeaux trade.

Château Angelus Managing Director, “I Don’t Want Our Wine In Funds”

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Stéphanie de Boüard, managing director of Château Angelus, is battling to keep the estate’s wines away from investment funds and into consumers’ glasses.

Bordeaux 2015 Hype Continues To Grow

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Reports that Bordeaux may be on the cusp of a great vintage in 2015 have been strongly supported by one of the region’s leading negociants. Renaud Ruer, himself a winemaker in the past, concedes, however, that some appellations had better weather conditions than others and likens the harvest to a north-south divide rather than a Left or Right Bank year.

2014 En Primeur Campaign Effectively Over With Château Montrose Release

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One of the last wines to be released is from Château Montrose. Universally acknowledged as one of the best wines of the vintage, the question is if Montrose is worth a 54% price hike. At a little over $1300 (£850) a case on average it’s certainly at a substantial premium to the majority of its back vintages from the last 10 years and almost as expensive as the current price of the 2005.

Liv-ex May Recap

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May kept most of the industry’s focus on the En Primeur campaigns, but trading continued on the Liv-ex Fine Wine 100 and the Liv-ex Fine Wine 50. Both ran mostly flat for the month with the Fine Wine 100 drifting down 0.06% and the Fine Wine 50 gaining only 0.08%.

Back Vintages Stealing Spotlight From Bordeaux 2014?

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As prices are announced for the 2014 Bordeaux vintage, older vintages are taking some of the spotlight away. Back vintages are standing out as a real value, particularly those predating the high-quality 2009 and 2010 crops. Many industry veterans feel the more mature vintages are where the greater value is to be found, and as for Bordeaux 2014, the general consensus is that it has become noticeable for how unnoticeable it is.

Bordeaux Prices Drop, But Are U.S. Buyers Buying?

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The strong U.S. dollar means 2014 Bordeaux futures cost less which is one of the reasons that many Bordeaux wineries had hoped this year’s en primeurs campaign would be successful in drawing Americans back. Unfortunately, most consumers aren’t buying, even with the 2014 vintage being considered the best in four years.

Bordeaux 2014 Releases Continue

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Chateau Mouton Rothschild Begins First Growth Releases

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A slow start to the Bordeaux 2014 en primeur campaign got a much needed boost this week as Chateau Mouton Rothschild released their first growth 2014 vintage at a price that merchants feel will be viewed as favorable by consumers at €240 ex-négociant, or $263.

Vieux Chateau Certan Emerges As Top Wine of 2014 En Primeur

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Each year, Live-ex surveys the international wine trade after the en primeur campaigns to get industry opinions of the vintage and other key indicators. The trade’s general view is that 2014 is not exceptional, but a good to very good vintage. Industry members, using the Parker scoring model, gave the 2014 vintage an overall score of 92 points (average out of 100).

Pricing Expected In Coming Days For Bordeaux 2014

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Jean-Philippe Delmas, deputy managing director at Domaine Clarence Dillon (owners of Château Haut-Brion, Quintus and La Mission Haut-Brion) has indicated that prices for the 2014 vintages should be released by the middle of April.

Are Bordeaux Primeurs Dead?

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Citing overpriced poor vintages, Robert Parker believes that Bordeaux has destroyed its futures market and that buying en primeur has lost all appeal for collectors. Parker believes classed growth chateau owners have set release prices at such a high level, no advantage was to be had by purchasing the wine before bottling.

Lower Prices Unlikely For 2014 Bordeaux

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Despite pleas from Bordeaux customers to keep 2014 prices down, producers have indicated that the request is highly unlikely.

Bordeaux 2014: U.S. Buyers Back on Track?

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After four years of not buying, U.S. Bordeaux buyers appear to be back on track according to Philippe Larche, sales director for Bordeaux negociant Vintex. The growing reputation of the 2014 vintage is helping fuel the return, along with a stronger U.S. dollar.

Robert Parker Will No Longer Taste Bordeaux en primeur

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After more than three decades of reviewing en primeur, Robert Parker has announced that he is handing over en primeur tasting responsibilities to British reviewer, Neal Martin. While Parker has stated it is not a retirement, he will still cover the region’s wines from bottle.

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