Bordeaux 2012: all about price

The chart below shows how prices have dropped for the 2012
vintage against current 2011 prices  (the anomaly in grey is due to Pavie, Angelus and Palmer). The First Growths – to the right of the table – have made the
biggest effort, and they are the wines seeing tentative activity on the
secondary market. Otherwise the Bordeaux 2012s have by and large failed to ignite interest.

An hour ago Robert Parker released his Bordeaux 2012 scores. Pomerol
scores highly, and Mouton is the First Growth of the vintage, but there are few
surprises on the upside. For those chateaux yet to release, price is now key.

2012vs2011

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