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Bordeaux primeur prices sky-rocket

>> Thursday, July 20, 2006

050526-203-0329_nnAs expected (or feared) the prices of the highly acclaimed 2005 vintage in Bordeaux are up, and not by little. According to the Danish, but Bordeaux based wine merchant Iakob Schjerbeck, the prices are up with between 10% and … 85%, and that is before probably the “sorties” of the heavy hitters. This has even generated quite a lot of criticism from the down-stream trade. Decanter quotes for example John Avery (Averys Wine Merchants): ”We are a little disillusioned with some in Bordeaux, who seem to be profiteering” (a British understatement?) and described some producers as “just plain greedy”. Well, as we said in the last Brief: Don’t complain of the prices. Buy something else if you think it is too expensive. There are plenty of good value good wine on the market today. Decanter.com

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