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Wine News

Bordeaux En Primeur prices released

With many Bordeaux chateaux this week releasing their 2009 vintages for sale the early signs are that prices are reaching unprecedented levels. A low profile Margaux second growth was released at 150% higher than its 2008 price after receiving a high score from Robert Parker and a Pomerol estate tripled its 2008 price and doubled that of 2005. More major chateaux are preparing to release but none of the first labels of the First Growths have yet to lay their hand.

There's been mixed reactions to the prices with reports that wines are selling and orders are piling in for the 09 vintage while other merchants, including several in the United States, are saying there is little demand. In Hong Kong, Berry Bros is reporting that its entire allocation of Pontet Canet, a potential 100-Parker point wine sold out in less than two hours.