Bordeaux to bounce back in 2013

23rd January, 2013 by Rupert Millar

As prices stabilise and Robert Parker prepares to re-evaluate 2010, Jon Barr, director of EF Wines, has declared “Bordeaux appears to be back”.

Bordeaux 2011Speaking to the drinks business, Barr said that Lafite sales were strong again in Hong Kong, although he added that, “this may just be for the Chinese new year.”

Nonetheless, he continued: “It’s stabilised and people are getting interested again. Prices haven’t gone down, Liv-ex is showing some rises, I think it will be a good year”.

His comments come after a year when Bordeaux was subject to severe price drops as the market took a dip and as buyers branched out into other areas, notably Burgundy, Champagne and the Super Tuscans.

Nonetheless, while the first growth’s 2005s and other big vintages took a hit, other Bordeaux châteaux especially on the Right Bank and some more neglected vintages such as 1996 did see some good trade.

Barr added that with Parker having re-tasted the 2010s, interest may rise in that vintage when the scores are released, something that happened to the 2009s early last year.

Looking ahead to this year’s en primeurs, Barr said that they would, as always, be dominated by the issue of price.

The reports so far, which db has covered extensively, point to a small but good vintage.

This may prove as much of a stumbling block as it did for 2011, which failed to excite the interest of Parker, who said it would “bomb”, and the majority of the US press and was badly bungled by the Bordelais upon release.

The danger, as Barr noted, is that the small volumes will encourage producers to keep prices up, but, he warned, “it can’t work if it’s like 2011. I see a slow campaign again.”

Leave a Reply

Your email address will not be published.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

Subscribe to our newsletters

Job vacancies

European Brands Sales Manager, Field Sales Managers and Executives

Amathus Drinks PLC
London, Brighton, E Sussex/Kent, Cornwall & Devon, GB

Commercial/Sales Manager

Crush Wines Ltd
Bremhill/Home office, GB

Wine Buyer

Adnams
Southwold, UK

Sales Manager - Scotland

Eurowines Ltd
Scotland

Sales Manager - North-West England

Eurowines Ltd
North-West England, UK

Sales Manager - London

Eurowines Ltd
London, UK

Key Account Manager - Grocery

Australian Vintage Limited
London (Croydon), UK

Key Accounts Manager - Impulse

Australian Vintage Limited
London (Croydon), UK

Business Development Manager

Regency Wines Ltd
North Devon & Somerset, UK

Sales Manager - North East England

Eurowines Ltd
Within 15-20 mile radius of York, UK

National Account Manager

Ehrmanns Wines
London, UK

London Account Manager

The Drinks Club
London, UK

London Sales Executive

Gourvid Limited
London and Greater London, GB

Logistics Administrator

Speciality Drinks Ltd
Park Royal, London, UK

Head of Sales - Hush Heath Estate

Hush Heath Estate
Kent/ London, UK

The Global Merlot Masters 2017

Deadline : 2nd May 2017

db Awards 2017

Deadline : 3rd May 2017

The Global Organic Masters 2017

Deadline : 2nd May 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