En Primeur Prices Tipped to Fall

April 04, 2018

The 2017 wines won’t command the same premium as the previous two vintages.

“I’m expecting prices to come down by 20 to 25 percent,” says Fabrice Bernard, CEO of Bordeaux merchant Millésima. In your dreams, Fabrice, I say. He shrugs. “I like to have dreams.”

But this year, he’s not dreaming alone. The general view in Bordeaux is that en primeur prices for the 2017s cannot go up. That of course is not the same as a reduction, but much depends on the strength of each individual brand. The likes of Léoville-Lascases are unlikely to need to come down in the way that others will. But, says Fabrice, “the First Growths need to be under €300 [$370] a bottle. They could be €250, or €260, or €270 or €280, but they must be under.”

Continue reading: Wine-searcher





Also in News

Bottle of wine sells for a record $558,000
Bottle of wine sells for a record $558,000

October 15, 2018

A 73-year-old bottle of French Burgundy became the most expensive bottle of wine ever sold at auction, fetching $558,000

Continue Reading

US-Colombian billionaire buys stake in France's Petrus vineyard
US-Colombian billionaire buys stake in France's Petrus vineyard

September 07, 2018

Financier and philanthropist Alejandro Santo Domingo has bought a 20-percent stake in Petrus, the family-owned vineyard behind one of the most sought-after Bordeaux reds on the planet, a source close to the family told AFP on Friday.

Continue Reading

The Life Cycle of Champagne
The Life Cycle of Champagne

August 22, 2018

How do you make an older wine taste younger? Or a younger wine taste older?

Continue Reading