Burgundy vs. Bordeaux: Holiday Guide to Wine Investing - Oenophilia is getting more expensive again

December 22, 2017

Christmas cheer in a bottle may not come cheap this year.

A price index for 150 top-end Burgundies—delicate reds that pair well with festive meals—rose 27% over the year through November, reports Liv-ex, a marketplace for fine wines. Merchants are “starting to wonder if a bubble is forming,” says the company’s annual market review.

The wine industry is sensitive to bubbles. Chinese buyers pushed top-end Bordeaux prices up to heady heights in 2011. The market collapsed when Beijing clamped down on gift-giving. If Burgundy is the new Bordeaux, it could spell trouble.

The classification system for better-quality Burgundy is underpinned by “terroirs”—strips of farmland thought to impart special qualities to the grapes grown there. It is more complicated than the system in Bordeaux, a region on the opposite side of France, which revolves around a strict hierarchy of “châteaux” that make wine in far larger quantities. Liv-ex research analyst Edward Jackson says buyers from the Far East have started to master this complexity. “In 2011 Burgundy wasn’t really a thing in Asia. Now merchants in Hong Kong are selling more and more of it.”

Continue reading: The Wall Street Journal





Also in News

The World's Best Merlots
The World's Best Merlots

November 26, 2018

Merlot is still a huge seller worldwide, whether it's an expensive classic from Pomerol or a ripe, fruity little bargain from California. It has suffered by comparison with other varieties (Cabernet Sauvignon and Pinot Noir particularly), but it remains tremendously popular. After all, what's not to like? It's more often than not a plump, plummy, approachable wine that appeals to a wide audience.

Continue Reading

WINE HARVEST 2018 REPORT: FROM HAILSTORMS TO A ‘ONCE IN A LIFETIME’ HAUL
WINE HARVEST 2018 REPORT: FROM HAILSTORMS TO A ‘ONCE IN A LIFETIME’ HAUL

November 05, 2018

This year’s harvest is now all but complete in the Northern Hemisphere, and the emerging reports make for much more positive reading. Here’s what 2018 had in store for some of the most notable regions, and what to expect from this year’s vintage.

Continue Reading

The 2018 Bordeaux Harvest Report
The 2018 Bordeaux Harvest Report

November 02, 2018

2018 shapes up to be another excellent year for Bordeaux.

Well, Bordeaux had another great vintage in 2018 – at least, those who managed to ward off the mildew did. 

Continue Reading