Bordeaux primeurs prices falling

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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%. 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”.

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