Bordeaux 2013: Gazin down €1

As the en primeur tastings begin to wind down, Château Gazin has released with a small drop of just a euro on its 2012 price.

VINTUS-BATFDropping 3%, the 2013 vintage is €38 a bottle ex-négociant compared to 2012’s €39 p/b and +32% on 2008’s €28.8 – a year some merchant’s have appealed to producers to use as a template.

Pomerol-based Gazin was the first to release last year for the 2012s although this year it was pipped by Pontet-Canet which surprised everyone by releasing last week before primeurs had even started.

Nonetheless, it is still in line with the château’s usual tactic of releasing before most scores and notes have been published.

Such precocity may be a good sign that the châteaux are up for a quick campaign – some comment coming out of Bordeaux is that Mouton and Margaux are rearing to go.

Price is still an issue that has everyone one concerned. The wines are proving better than expected if initial reports are anything to go by but the caveat is still that they will not sell if prices are not down by a good margin.

Justin Gibbs, co-director at Liv-ex, has already told the drinks business that the excuse from the châteaux that yields are historically low will not wash with buyers and this has been echoed by various merchants too.

Pontet-Canet may yet pull off its gamble, the wine has been well received by many, db’s own “man in Bordeaux”, négociant Ben Kennedy, calling it: “good Pontet-Canet,” though crucially, “not the best” as it lacks, “the length and power of previous vintages”.

Kennedy calls Gazin in today’s report from the Right Bank: “chewy, with crushed-berry fruit and plenty of complexity but a lighter finish than some.”

Gazin does not really fall into the category of estates where price cuts are required from a fine wine market point of view.

There are fears though that other châteaux are planning to merely “symbolically” lower prices rather than indulge in a proper price cut and buyers will react the only way they can – by not buying.

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Your email address will not be published.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