Bordeaux 2013: Gazin down €1

3rd April, 2014 by Rupert Millar

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Your email address will not be published.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 *

Subscribe to our newsletters

Job vacancies

Brand Ambassador – Santa Rita Estates

Santa Rita Estates
London or Hertfordshire but with flexibility to travel, UK

Sales Executive - Wine and Spirits Awards

The Drinks Business
Central London, UK

On-Trade Channel Manager

Delegat Europe Limited (UK)
London / Midlands, GB

Trade Marketing Analyst

Delegat Europe (UK)
London, GB

Key Account Executive

Delegat Europe Limited (UK)
London / Midlands, GB

Senior National Account Manager

Bibendum PLB
London, UK

ON-TRADE Sales Executive

Roberson Wine
London, UK

OFF-TRADE Sales Executive

Roberson Wine
London, UK

Judging Week Runners

Decanter World Wine Awards
ExCel Centre, London E16, UK

Sales Administrator

Les Caves de Pyrène
Guildford, UK

Retail Commercial Executive

Laithwaite's Wine
Theale, Berkshire

Wine Buyer

Conviviality Plc
Crewe, UK

Sales Account Manager - On-Trade

Berkmann Wine Cellars
Liverpool

Sales Account Manager - On-Trade

Berkmann Wine Cellars
M3/M4 corridor

Media Sales Manager - Hong Kong

The Drinks Business Hong Kong
Hong Kong

The Global Merlot Masters 2017

Deadline : 31st March 2017

The Prosecco Masters 2017

Deadline : 10th March 2017

db Awards 2017

Deadline : 28th April 2017

The Global Organic Masters 2017

Deadline : 3rd March 2017

Click to view more

The Global Sparkling Masters

the drinks business is thrilled to announce the launch of The Global Sparkling Masters

The Global Rosé Masters 2016

the drinks business is proud to announce the launch of the Global Rosé Masters 2016.

The Prosecco Masters 2016

Now in its third year, the competition will reflect the growth in popularity of this fresh and exciting sparkling wine from the picturesque regions of Veneto and Friuli.

The Global Pinot Noir Masters 2016

After the success of last year’s competition that judged over 250 wines from no less than 16 countries, the drinks business is proud to announce the third year of the Global Pinot Noir Masters

Click to view more