Bordeaux 2012: Still waiting for big names

En primeur releases this morning include Beychevelle, Grand Puy Lacoste and Haut Batailley but there are some big names still waiting in the wings.

grand_puy_lacoste_vinesPauillac fifth growth Grand Puy Lacoste (above) began the morning when it came out at €32.4 per bottle ex-négociant, a 19% drop on 2011 (€38.4 p/b).

Fellow Pauillac Haut Batailley dropped 6% from €22.8 p/b to €21.6 p/b, while Saint-Emilion estate Pavie Macquin came down 14% on 2011 from €39.8 p/b to €34.8 p/b.

All the prices are still 23% to 35% above the 2008 release prices. By mid-morning Beychevelle and Issan had emerged. Saint Julien-based Beychevelle dropping 10% to €40.8 p/b, while Margaux’s d’Issan came down 13% from €32 to €28.

After a mid-May break, releases began again this week with Smith Haut Lafitte and Pichon Baron.

However, Pichon Baron was roundly criticised for its 10% drop, which Liv-ex pointed out left it the same price as 2011 and 2008 – and therefore lacking a compelling reason to buy.

Pichon Comtesse, which came out yesterday, however hit the mark rather better with its 20% cut to €57 p/b.

Aside from the Right Bank properties, which after positive reviews can afford to bide their time a little longer, there are still several big name Left Bank châteaux still to release including Montrose, Cos d’Estournel and Léoville Las Cases.

How long will it be before they emerge and is this campaign going to limp on into June?

Leave a Reply

Your email address will not be published.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

Please note that comments are subject to our posting guidelines in accordance with the Defamation Act 2013. Posts containing swear words, discrimination, offensive language and libellous or defamatory comments will not be approved.

Subscribe to our newsletters

Buyer - Spirits & Beers

Harvey Nichols
London, UK

Supply Chain Assistant

Speciality Drinks
Park Royal, London, UK

Customer Services Administrator

Speciality Drinks
Park Royal, London, UK

Gin Buyer

Craft Gin Club
London (Fitzrovia)

Customer Service & Operations Administrator

Marussia Beverages UK Ltd
London, UK

Customer Service Advisor

Amathus Drinks Plc
London, UK

Sales Account Manager

Berkmann Wine Cellars
London, UK

Sales and Brand Manager

The Duchess Virgin Gin & Tonic
London, UK

Brands Sales Executive

Woolf Sung Ltd
London, UK

Prosecco Springs

London,United Kingdom
26th Apr 2018

Spirits & More

Rome,Italy
19th May 2018

db Awards 2018

London,UK
23rd May 2018
Click to view more

The Global Malbec Masters 2017

the drinks business is proud to announce the inaugural Global Malbec Masters 2017

The Global Sparkling Masters 2017

the drinks business is thrilled to announce the launch of The Global Sparkling Masters.

Click to view more