11th September, 2014 by Rupert Millar
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First growth Château Latour has re-released its 1996, 2001 and 2002 vintages, though with less of a premium than has characterised its previous ex-cellar releases.
Unlike other releases in what has become an annual tradition for the estate since it quit en primeur, the 1996 was released at roughly €530 per bottle, around £5,090 per case on Liv-ex.
The premium hasn’t quite been cut to nothing and it will be offered for slightly more than other physical releases.
Stephen Browett, chairman of Farr Vintners, explained to the drinks business: “The 1996 is available in the market at £5,100, we have “ex-château stock” (released by the Château in 2010) at £5,300 and the 2014 release stock at £5,400 (all prices in-bond UK per dozen).”
The situation….
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