You are currently viewing the International Edition. You can also switch to the Hong Kong Edition.
Monday 6 July 2015

Bordeaux 2013: Cos offers meagre drop

14th April, 2014 by Rupert Millar

Saint-Estèphe second growth, Cos d’Estournel, has released with a meagre drop on its 2012 price of just 8.4% – a level unlikely to find much praise among merchants.

Cos d'EstournelThe 2013 vintage is therefore €81.50 per bottle ex-négociant, its 2008 vintage was €65 p/b.

Its second wine, Les Pagodes de Cos, dropped 2.2% to €26.40 p/b. Although Cos d’Estournel was highly rated by merchants in Liv-ex’s en primeur survey and praised for producing a “classic” Saint Estèphe after several blockbuster years, its price is unlikely to win it many fans.

Indeed, it may repeat its feat of becoming the “failure of the campaign” as it was in 2011 when it released at €108 p/b and hardly sold at all.

That vintage is now available on Liv-ex for £850 a case, far cheaper than the current release and the 2008 is on the market for just over £700.

Once again there is no “compelling reason to buy”, a phrase which is rapidly turning into the catchphrase of the campaign among merchants.

The campaign so far has got off to a wobbly start with châteaux offering discounts but still failing to generate much enthusiasm from the trade.

Only Lynch Bages and Rauzan-Ségla, which released last week, seem to have struck any kind of high note so far.

Leave a Reply

Your email address will not be published.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

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>

If that's interesting, how about these?

Is fine wine turning a corner?

The Liv-ex Fine Wine 100 index is finally showing a year-on-year gain as it more...

Rise for Haut Bailly in Liv-ex 2015 classification

Liv-ex’s bi-annual “re-classification” of Bordeaux saw Haut Bailly leap more...

Hardys invests £4m in summer of cricket

Hardys has unveiled a new £4 million consumer marketing campaign to tie in more...

Global Wine Buyer

London, United Kingdom

Competitive

Oregon producer takes international view

One of Oregon’s youngest wine estates has partnered with Jackson Family Wines more...

Auction house snaps up online wine specialist

Online auction firm Bid for Wine has been sold to The Fine Art Auction Group in more...

China recognises 'Bordeaux'

China has said it now recognises the term “Bordeaux” as a brand after what more...

UK Sales Manager

London, United Kingdom

Hart Davis Hart biggest in US

Chicago-based wine auctioneer Hart Davis Hart is the market leader in the US in more...

Accolade's Fish Hoek goes Fairtrade

South Africa's Fish Hoek is to go Fairtrade from the 2015 vintage, becoming more...

Mumm releases vintage collection

Champagne Mumm has released a new “Collection du Chef de Caves”, featuring more...

E-commerce, Sales & Marketing Executive

London, United Kingdom

Competitive salary and bonus package based on experience and qualification.

Is Parker wrong about the 05 Médocs?

With no Médoc wines gaining 100-points in Robert Parker’s retrospective of more...

Austrian wine importer launches in Hong Kong

A wine importer specialising in Austrian wines has launched in Hong Kong to more...

WOSA woos UK indies and on-trade

Wines of South Africa has announced plans for a new UK trade tasting later this more...

PR Manager

Competitive

Californian wine struggling with supply

There is a "growing mismatch" between supply and demand that is badly hampering more...

The week in pictures

Pub-friendly pooches, Kevin Spacey and a one-off tasting of Achaval Ferrer more...

Santa Rita launching new Irish campaign

Chilean wine producer Santa Rita Estates is spending €500,000 on a new more...

Marketing and eCommerce Manager

London, United Kingdom

Competitive, includes equity options

Hong Kong: Red obsession

While whites are starting to be taken seriously in Hong Kong restaurants, the more...

Bordeaux 2005: Biggest movers

Expectation surrounding the 2005s is building and pushing up prices for top more...

Oddbins woos Naked staff with love letters

Oddbins has allegedly been sending love letters and bottles of wine to key more...

Wine Buyer

London, United Kingdom

Based on experience

Wine from Napoleon’s carriage to be sold

A bottle of wine apparently found in Napoleon’s carriage after Waterloo – more...

Bordeaux 2005: 12 ‘perfect’ wines

Twelve wines have been given “perfect” 100-point ratings in Robert more...