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Your email address will not be published.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

Awards Wine Checker

Decanter
Paddock Wood, Kent, GB

Customer Service Advisor

Amathus Drinks
Park Royal, London, UK

Sales Manager

James Eadie Ltd
London, UK

Wine Ambassador Role

Ramón Bilbao UK
London, UK

Fine Wine Logistics Coordinator

IG Wines
London, UK

Sales Manager

Top Selection
London, UK

Assistant Retail Manager

The Whisky Exchange
London, UK

Marketing Manager

Ellis Wines
Hanworth, Middx, GB

Commercial Analyst

ATOM Group
Tunbridge Wells, UK

Customer Service Executive

Marussia Beverages
Marylebone, London, UK

The World Bulk Wine Exhibition

Amsterdam,Netherlands
20th Nov 2017

The Global Spirits Masters Lunch

London,United Kingdom
1st Dec 2017

International Bulk Wine and Spirits Show

London,United Kingdom
26th Feb 2018
Click to view more

Champagne Masters 2017

The only Champagne blind tasting in the UK, the competition will reward the best wines in the following categories:

The Global Rosé Masters 2017

With wines from the palest of pink to almost ruby red, bone dry to almost cloyingly sweet, reductively handled to barrel-aged, as well as gently spritzy to fully sparkling.

Click to view more