Even More on 2009 Bordeax
Everyone has acknowledged that 2009 will be an incredible vintage, so now there is a lot of worry about pricing. From this article in Drinks Business:
In terms of pricing 2009 he said: "Unfortunately, because the vintage resembles 2005 in quality terms they are talking about 2005 prices."
With the 30% depreciation of the pound versus the euro since the 2005 en primeur campaign, if 2009 release prices were set at a similar level it would be the most expensive vintage on record for UK merchants.
The expectation of increased Asian demand for the vintage is providing further encouragement to price the wines ambitiously.
However, Staples warned: "The interest in Hong Kong is only in the top five or six wines and all we've been selling over the last year has been Lafite, Mouton and Latour."
He also questioned the potential impact of Robert Parker on this year's pricing. "He was the only person on the planet who thought that 2008 was sensational - and it was better than we initially thought - but how can he upgrade 2009 on that."
The other big story to follow is the impact the Chinese will have on this year's En Primeurs:
China bought 13.7 million litres for 74 million euros (£67 million), overtaking the United States, which took 11.6 million litres for 139 million euros. Japan came third, with the same volume as the United States.
Hong Kong is counted as a separate market, where 4.2 million litres were sold for 109 million euros.
"The rise of China is undeniable and we expect that market to move up the value chain just as has happened in Japan," said Bertrand Carles, a wine trader for the Ginestet group.
Labels: Bordeaux, En Primeurs






















































