Bordeaux 2012: Palmer drops 1%

25th April, 2013 by Rupert Millar

Château Palmer has followed its second wine and released – with a 1% drop in price.

Chateau_PalmerThe Margaux property dropped a mere €2 off its 2011 price and emerged at €160 per bottle ex-négociant.

Its second wine, Alter Ego, came out earlier this week with a 5% drop to €37.5 p/b.

In a drop that is scarcely worth mentioning, the 2012 at £1,700-£1,800 a case is only a little cheaper than vintages such as 2000, which last traded on Liv-ex for £2,100 a case.

It is a move almost as confusing as Angélus and Pavie’s decision this morning (25 April) to increase their prices by 30% and 58% respectively.

With 2008, 2006, 2004 and 2001 proving more competitive in terms of price (all traded for between £1,100 and £1,300 a case), how Palmer fares in what is still a slow moving campaign will be interesting.

On the other hand, the wine has been well scored by the critics (18.5 from Jancis Robinson MW) and is by all accounts one of the stand out wines of the Left Bank. The imminent release of critic Robert Parker’s scores may prove to be a further saving grace.

On the other hand, along with the two Saint-Emilion estates, perhaps Palmer may find itself, like Cos d’Estournel’s 2011 offering, “impossible to sell”.

Leave a Reply

Your email address will not be published. Required fields are marked *

Subscribe to our newsletters

Job vacancies

Sales Manager – Midlands and South West

Pol Roger Portfolio
Midlands and South West

UK Brand Ambassador - That Boutique-y Gin Company

That Boutique-y Gin Company
Tunbridge Wells, Kent, UK

Senior National Account Manager – Grocery (Craft Spirits)

Maverick Drinks
Tunbridge Wells, Kent, UK

Senior National Account Manager – Wholesale RTM (Craft Spirits)

Maverick Drinks
Tunbridge Wells, Kent, UK

Digital Marketing Manager

Master of Malt
Tunbridge Wells, Kent, UK

Experienced On Trade Sales Person

Borough Wine Imports
London, GB

3 x Business Development Executive

The Lakes Distillery Company Limited
Newcastle head office and nationwide, UK

Editor

Master of Malt Ltd
Tunbridge Wells(Kent)

Sales Account Manager - On-Trade

Berkmann Wine Cellars
Liverpool

Brand Manager

Hallgarten Druitt
Luton, UK

Experienced On-Trade Salespeople Required

Portal Wines and Spirits
London, UK

Purchasing and Sales (Wine Trader)

JF Tobias
London, UK

The Global Merlot Masters 2017

Deadline : 17th April 2017

db Awards 2017

Deadline : 28th April 2017

The Global Organic Masters 2017

Deadline : 14th April 2017

The Global Sparkling Masters 2017

Deadline : 12th May 2017

Click to view more

Global Chardonnay Masters 2016

Now in its fourth year, the competition will identify the best Chardonnay from all around the world in every price range.

Rioja Masters 2016

Now in its fifth year, the competition will recognise and reward the finest Riojas on the world stage.

Fortified Masters 2016

Now in its third year, The Fortified Masters will reward the best fortified wines on offer.

The Global Malbec Masters 2016

the drinks business is proud to announce the inaugural Global Malbec Masters 2016.

Click to view more