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Bordeaux primeurs prices falling

>> Thursday, May 28, 2009

Quite as expected (and demanded by many) the prices of the Bordeaux Primeurs (2008 vintage) have fallen. As we reported in the last Brief, Angélus set the tone with a release price down 40% from last year. Many other chateaux have now announced what price they demand for the latest vintage. It is decreasing prices all over with between 10% and 40% and sometimes more. Ch Yquem went down with 59%. Read more on e.g. New Bordeaux and newbordeaux.blog.co.uk. But as a wine consumer it is perhaps a bit too early to cheer too much considering the price hikes seen in recent years. Maybe we can expect prices to come down to just “expensive” from “ridiculous”. More Les Echos

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