Bordeaux 2012 release recap

The last few days have seen a flurry of Bordeaux 2012
releases, including First Growths Lafite Rothschild and Mouton Rothschild. A selection of the key releases is shown below. (For full coverage of this year’s En
Primeur campaign, visit the Liv-ex Bordeaux
2012 pages
.)

Many of the big names are yet to release, but there
has been little activity on the secondary market for those that have. Despite
a reduction on last year’s prices, trade on Liv-ex has been limited to just
four Bordeaux 2012s: L’Evangile, Duhart Milon, Lafite and Mouton – with only
the latter two trading above release price.  

The chateaux’s drop in price should of course be applauded.
Yet this has failed to ignite the market. Is the collector waiting for
affirmation from Parker, or is the price simply still too steep?

Bordeaux_2012_releases

2 thoughts on “Bordeaux 2012 release recap

  • April 24, 2013 at 5:36 pm
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    The two 1st Growths have released wines cheaper than any other vintage. Nobody else has, even Rauzan Segla which reduced a lot: that’s why Lafite and Mouton are selling through but others aren’t (even though the critics clearly aren’t that enthused about either Lafite or Mouton and are more passionate about ‘lesser’ growths).

    Reply
  • April 25, 2013 at 10:52 am
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    Bottom line is that for many we are still being asked to part with £100 or even much more per bottle for good-but-not-great wine.
    The Bordelais are looking inwards when they quote percentage price drops: perhaps they should look outwards a bit and see what else is available for a lot less money in the wider world: a world many drinkers were driven to by the speculative pricing of ’09s and ’10s.

    Reply

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